Consumer Confidence Dips but Remains Near 3-Year High Despite Rising Inflation Views
- Consumer sentiment dipped in late February but remains at 32-month high
- Gauge of current economic conditions fell to 79.4 from 81.5 earlier in February
- Measure of 6-month expectations also declined, to 75.2 from 78.4
- Americans expect 3% inflation over next 12 months
- Stock market reaction was mixed on Friday
