U.S. consumer confidence rose to a three-month high in November; inflation expectations eased, while concerns over high prices and an AI bubble persist.

Zhitong Finance APP has learned that U.S. consumer confidence unexpectedly rebounded in November to a three-month high, mainly due to improved views among the public regarding their personal financial situation and the economic outlook. However, the high cost of living remains the main pressure facing American households, while recent volatility in U.S. stocks has also triggered consumer concerns about an artificial intelligence (AI) bubble.