menu search

UMich final May US consumer sentiment 59.2 vs 57.7 expected

UMich final May US consumer sentiment 59.2 vs 57.7 expected
Prelim was 57.7Prior was 63.5Details:Current conditions 64.9 vs 64.5 prelim (68.2 prior)Expectations 55.4 vs 53.4 prelim (60.5 prior)1-year inflation 4.2% vs 4.5% prelim (4.6% prior)5-10 year inflation 3.1% vs 3.2% prelim (3.0% prior)This is a great report all around, with sentiment not falling as far as the prelim data and inflation not as strong. A resolution to the debt ceiling should help even more, though the recent rise in interest rates could be a drag next month.Comments in the report:C... Read More
Posted: May 26 2023, 14:00
Author Name: forexlive
Views: 110741

Search within

Pages Search Results: