Prior month 67.9University of Michigan consumer sentiment 69.0 versus 68.5 estimate.Best since May 2024Current conditions 62.9 versus 61.5 estimate. Last month 61.3. Best since June 2024expectations and 73.0 versus 71.0 estimate. Last month 72.1. Best since April 20241-yesr inflation expectations 2.7% versus 2.8% last month.5- year inflation expectations 3.1% versus 3.0% last month
The final release will be announced in a few weeks.
The inflation expectations for 1 year is back within the middle of the pre-Covid up-and-down range which for the most part was between 2.3% in 3.4%.
This article was written by Greg Michalowski at www.forexlive.com.
