U.S. Conference Board Consumer Confidence rose slightly in August, edging up to 97.4 from 97.2, beating expectations of 96.3. The modest gain masked underlying weakness, however, with Present Situation Index slipping to 131.2. Expectations Index fell to 74.8, staying well below the 80 threshold that typically signals a recession ahead. The details showed consumers were […]The post US consumer confidence edges up to 97.4, inflation expectations rise to 6.2% appeared first on Action Forex.