Elevated price levels still feature in March Conf. Board sentiment index

Summary: Conference Board Consumer Confidence Index down a touch in March, reading less than expected; consumers remain concerned with elevated price levels; US Treasury yields generally decline; expectations of Fed rate cuts soften slightly; ANZ: survey fits with early 2024 evidence of more cautious consumer spending; views of present conditions improve, short-term outlook deteriorates; no real trend to upside or downside by income or age group over past six months....

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