BREAKING: US CB Consumer Confidence report stronger than expected 🗽

Key takeaways

US CB Consumer Confidence stronger than expected

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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