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US July consumer confidence 117.0 vs 111.8 expected
Highest since July 2021Prior was 109.7Details:Present situation index 160.0 vs 155.3 prior Expectations index 88.3 vs 79.3 prior1 year Inflation 5.7% vs 6.0% prior Jobs hard-to-get 9.7 vs 12.4 priorThis is one the Fed will be watching ahead of this week's meeting and may nudge Powell towards a more-hawkish stance.“Consumer confidence rose in July 2023 to its highest level since July 2021, reflecting pops in both current conditions and expectations,” said Dana Peterson, Chief Economist at The C...
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Posted: Jul 25 2023, 14:00
Author Name: forexlive
Views: 110694