A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than

Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffs

US consumer sentiment reached the highest level in seven months, while year-ahead inflation expectations hit the highest reading in six months, preliminary results from the University of Michigan's Surveys of Consumers showed Friday.

(Bloomberg) -- US consumer sentiment rose to the highest since April, while year-ahead inflation expectations picked up to a five-month high as Democrats saw a greater risk of price pressures from ...