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Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.
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US consumer sentiment slumps, households brace for inflation surge ReutersConsumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs CNBCAmericans' optimism about the economy is at a near-record low CNNThere's a big disconnect between US economic vibes and what the data actually says
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Walmart beat first-quarter earnings expectations but missed on revenue, and its CFO said price increases from President Donald Trump's tariffs could start soon.
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