U Mich April US consumer sentiment 96.9 vs 98.2 expected

Author: Adam Button | Category: News

April US consumer sentiment

consumer sentiment
  • Prior was 98.4
  • Current conditions 114.2 vs 113.3 prior
  • Expectations 85.8 vs 88.8 prior
  • 1-year inflation expectations 2.4% vs 2.5% prior
  • 5-10 year inflation expectations 2.3% vs 2.5% prior
This is a disappointing print but it's a small miss and sentiment remains at healthy levels. The slip in inflation expectations despite rising gasoline prices will catch the Fed's attention.
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