US consumer confidence rebounds in May after 5-month slide

1. Consumer confidence rose to 98 in May, above expected 87. 2. Consumers expect better business conditions and job availability in six months. 3. Concerns about tariffs and inflation remain despite optimism about trade deals. 4. Average inflation expectations dipped to 6.5%, easing slightly from recent highs. 5. 36.7% of consumers are saving for future spending, indicating cautious behavior.