Management said execution wasn’t perfect across the board in the January quarter.
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Consumer sentiment falls in May as Americans’ inflation expectations jump after tariffs
Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%.