Categories Finance

UMich December prelim consumer sentiment 74.0 vs 73.0 expected

  • Prior was 71.8
  • Current conditions 77.7 vs 63.9 prior
  • Expectations 71.6 vs 76.9 prior
  • 1-year inflation 2.9% vs 2.6% prior
  • 5-year inflation 3.1% vs 3.2% prior

This report isn’t about consumer spending, it’s about politics. Act accordingly:

I suspect the jump in one-year inflation expectations is about tariff fears.

This article was written by Adam Button at www.forexlive.com.

About The Author

More From Author

Leave a Reply

Your email address will not be published. Required fields are marked *