October final UMich US consumer sentiment 63.8 vs 63.0 expected
<ul><li>Prelim was 63.0</li><li>Prior was 68.1</li></ul><p>Details:</p><ul><li>Current conditions 70.6 vs 66.7 prelim (71.4 prior)</li><li>Expectations 59.3 vs 60.7 prelim (66.0 prior)</li><li>1-year inflation 4.2% vs 3.8% prelim (3.2% prior)</li><li>5-10 year inflation 3.0% vs 3.0% prelim (2.8% prior)</li></ul><p>The Fed might be concerned about that bump in inflation expectations but this survey has led them astray before.</p>
This article was written by Adam Button at www.forexlive.com.
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