US UoM consumer sentiment ticks down to 55.0, inflation expectations remain stubbornly high

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US consumer sentiment softened slightly in October, with the University of Michigan index slipping marginally from 55.1 to 55.0, in line with expectations. The details painted a mixed picture—Current Economic Conditions improved to 61.0 from 60.4, while the Expectations Index edged lower to 51.2 from 51.7. The survey showed that improvements in current personal finances […]The post US UoM consumer sentiment ticks down to 55.0, inflation expectations remain stubbornly high appeared first on Action Forex.