![US Consumer Confidence](https://images.forexlive.com/images/US%20Consumer%20Confidence_id_6e0fe573-45a1-4a5e-800d-3c6f1a3c20ea_size900.jpg)
US Consumer Confidence
- Prior was 61.3
- Prior was 74.0 vs 68.5 expected
- Current conditions 74.0 vs 68.5 expected
- Expectations 66.4 vs 57.0 expected
- One -year inflation 3.1% vs 4.5% prior
- Five-year inflation 2.8% vs 3.2% prior
![One year inflation](https://images.forexlive.com/images/One%20year%20inflation_id_dc64dcad-8924-4bec-8a83-2eeefe531e80_original.jpg)
One year inflation
This is a dream report. It's like a magic landing where the economy stays hot and inflation falls below 2% anyway. It would leave the Fed with 500 bps of ammunition despite inflation being on target. They'd have to re-write economic textbooks.
![Powell landing meme pilot](https://images.forexlive.com/images/Powell%20landing%20meme%20pilot_id_6dbb59a2-07d3-423f-b58b-caf49cde36f1_original.jpg)