Federal Reserve chair nominee Kevin Warsh pledges new asset divestitures in updated financial disclosure
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At the beginning of September, the consumer confidence index dropped from 51.7 in August to 47.8. Consumers' inflation expectations for the next year jumped from 4% to 4.6%. Most consumers anticipate that the Federal Reserve will raise interest rates within the next year, marking the first time since 2023. Only 35% of Republican respondents believe the government is performing well in economic management, the lowest reading since Trump's return to the White House last year.
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