U.S. Consumer Sentiment Rebounds in June as Inflation Fears Drop

Consumer sentiment rose sharply in June, according to data released Friday by the University of Michigan, as Americans reported improving views of both current economic conditions and future prospects.

The Index of Consumer Sentiment climbed to 60.7, up from 52.2 in May, a 16.3 percent increase that marked the first gain in six months. The index remains 11 percent below its June 2024 level and roughly 18 percent lower than its recent peak in December 2024, following the presidential election.

“Sentiment improved across a range of economic aspects, including expectations for personal finances and business conditions,” said Surveys of Consumers…

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