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US consumer sentiment unexpectedly jumped in November!
The University of Michigan's preliminary sentiment index rose to 51.0, up from 48.0 in October — beating economists' forecast of 48.0.
Current conditions: 51.0 (from 46.7)
Expectations: 50.9 (from 48.8)
1-year inflation expectations eased to 4.3% from 4.7%
Consumers are feeling a little more upbeat about their finances and the economy, though sentiment is still near historically low levels. The survey was conducted Oct 20 – Nov 2, before the midterm results.
#USConsumer #Economy #Inflation #MichiganSentiment #FinanceNews #Zimbuck170 Görüntülenme -
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🚨 BREAKING: Markets now price a 78% chance the Fed RAISES rates in December — up from 70% — after a much hotter-than-expected US jobs report.
October payrolls: +165K vs 65K expected • Unemployment 4.1% • 10-year Treasury yield 4.88% • Dollar index 102.18
A strong labor market gives the Fed more room to focus on inflation — traders are repricing fast.
Full story on zimbuck.com
#FederalReserve #Fed #JobsReport #InterestRates #Economy #StockMarket #CryptoNews #Investing1
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