In June, people felt more positive about the economy for the first time in six months. This was because inflation stayed stable, and the US made a temporary trade agreement with China. An early report from the University of Michigan showed that consumer confidence increased by 16%, from 52.2 to 60.5, even though it was still 20% lower than in December 2024. This improvement happened after the US decided to delay new taxes on goods from many countries and reached a temporary agreement with China. These actions have helped reduce some of the economic worries caused by the trade conflict. However, US taxes on imported goods are still high compared to the past, and they are expected to affect the economy more in the coming months. Also, people's confidence in the economy is still divided by politics, with Republicans feeling more confident than Democrats. But this month, confidence improved for supporters of both parties and those who don't support either. The Federal Reserve will probably see the lower expectations for inflation as a good sign at their next meeting.