U.S. July University of Michigan Consumer Sentiment Rises to 55.2, Exceeding Estimates; 1-Year Inflation Expectations Fall to 4.2%
U.S. University of Michigan consumer sentiment for July rose to 55.2, surpassing the consensus estimate of 54.0 and up from 49.5 in June. One-year inflation expectations declined to 4.2% from 4.6% in June, while the five-year outlook held steady at 3.3%, indicating stable long-term inflation expectations.
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Source:X@DeItaone · Source Link
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