BREAKING: US CB Consumer Confidence report stronger than expected 🗽

Key takeaways

US CB Consumer Confidence stronger than expected

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Key takeaways

US CB Consumer Confidence stronger than expected

US CB Consumer Confidence (October) came in 94.6 vs 93.75 exp. and 95.6 previously

Expectations index: 71.5 vs 73.4 previously
Present Situation Index: 129.3 vs 125.4 previously

Richmond Fed: -4 vs -12 exp. and -17 previously

US500 almost didn't react to stronger than expected US macro data. Consumers' average 12-month inflation expectations remained somewhat elevated, inching up to 5.9% in October from 5.8% in September.

Source: xStation5

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