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Consumer Sentiment Rebounds From All-Time Low -- But Experts Warn It’s Not Recovery Yet
Posted
June 29, 2026
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June 29, 2026
534
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5:18Now PlayingConsumer sentiment ticked up in June, with the Consumer Sentiment Index rising to 49.5 from May's all-time low of 44.8 — though it remains the second-lowest reading on record. Lower gas prices and a U.S. ceasefire with Iran offered some relief, but financial stress persists for many Americans, with the personal savings rate collapsing to just 2.6% and more than half of consumers saying high prices are still straining their budgets. David Stryzewski, CEO of Sound Planning Group joins Alicia Summers and says the modest bump in confidence does not signal a recovery, and with the Federal Reserve unlikely to cut rates soon, everyday Americans should brace for a prolonged period of adjustment before conditions meaningfully improve.
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