CoinWorld News, influenced by the escalation of the Iran war and concerns about inflation, the U.S. consumer confidence index in April fell to its lowest level in nearly four years, with a final value of 49.8, the lowest since June 2022. Although this figure rebounded slightly from the 47.6 reported earlier this month, the index was 53.3 in March. Joanne Hsu, director of the Consumer Survey Center, stated that consumer confidence slightly recovered some of the early-month decline after the announcement of a two-week ceasefire agreement and a slight drop in gasoline prices. She pointed out that the Iran conflict mainly affects consumers' perceptions through shocks to gasoline prices and other potential prices, and that military and diplomatic progress that fails to ease supply restrictions or lower energy prices is unlikely to boost consumer confidence.