U.S. consumer confidence falls but only slightly despite trade fight

WASHINGTON (Reuters) - U.S. consumer confidence fell less than expected in August, with households still upbeat about the labour market despite an escalation in trade tensions, which has cast a shadow over the longest economic expansion in history.While the survey from the Conference Board on Tuesday did not change expectations that the Federal Reserve will cut interest rates again next month, it further reduced the chances of an aggressive easing to counter the effects of the U.S.-China trade..