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Sun, May 30, 2004 - Page 11　News List

US consumers losing confidence

ECONOMIC DATA A battery of reports on the health of the world's largest economy show that inflation has moderated, while consumers are upset about high oil prices

REUTERS , NEW YORK

"It is a positive for the long-run health of the economy as it suggests that some consumers may be beginning to prepare for a higher interest rate environment," said Lehman Brothers financial markets economist Drew Matus.

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