The US-Iran agreement pushed down oil prices, which transmitted to end-users: In June, Michigan consumer confidence rebounded from a low point but remains at a historically low level.
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The drop in gasoline prices has brought some relief to American households troubled by inflation, boosting consumer confidence from historic lows, though overall sentiment remains fragile and high price pressures persist.
Data released by the University of Michigan on Friday showed that the final index of consumer confidence rose to
