The final UoM sentiment index for March falls to 62 points, below expectations of 63.3 and the previous reading level of 63.4.
At the same time, inflation expectations come out mixed: on the one hand, a sizable drop in 1-year expectations to 3.6% from 3.8%. On the other hand, maintaining 5-year expectations at 2.9%, above an expected drop to 2.8% and still above 2% Fed inflation target.
U.S. stocks are up at the end of the week, after the Fed's preferred measure of PCE inflation pointed to lower-than-feared CPI pressure in...
17:55Next week, due to the holiday break, many markets are expected to experience a calmer period. However, there are still some interesting releases to watch,...
17:01U.S. stocks are making strong gains to end the week, after investors rebounded following Powell's hawkish comments on Wednesday. Although the Fed's...
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