American consumer confidence took a step back this week, with sentiment dropping almost a full point as households continue to absorb higher borrowing costs and stubbornly high fuel prices. Morning Consult’s Index of Consumer Sentiment slipped 0.9 points among adults to settle at 86.6. Unlike past surveys where different wage brackets moved in opposite directions, […] Rate Hike And High Gas Prices Drag Down Consumer Sentiment Ahead Of Jobs Data ...read more read less