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Consumer confidence in Michigan in the US unexpectedly hit a three-year high in March! Short-term inflation expectations hit a new low of more than three years
The final 1-year inflation forecast for US consumers was 2.9%, the lowest since December 2020. The forecast was 3.1%, the initial value was 3%; the final 5-year inflation forecast was 2.8%, the forecast was 2.9%, and the initial value was 2.9%. Michigan consumers' inflation expectations have given the Federal Reserve some relief.
Stocks Post Strong Quarter, Fueled by AI Frenzy
Stock markets have recorded a strong first quarter, with the Dow Jones Industrial Average gaining 5.5%, the S&P 500 rising 10%, and the Nasdaq 100 increasing 8.6%.
S&P 500 Bounced – Will It Attempt to Break the Record?
Stock prices broke their short-term losing streak yesterday, as the S&P 500 index gained 0.86%.
[Breaking News] The number of new unemployment insurance claims in the US last week fell short of expectations, 210,000
The number of new unemployment insurance claims for the US last week announced at 9:30 p.m. on the 28th Japan time fell short of expectations to 210,000.
[Breaking News] The confirmed US GDP figure for the 10-12 fiscal year exceeded expectations +3.4%
The confirmed US GDP value for the 10-12 fiscal year announced at 9:30 p.m. on the 28th Japan time exceeded expectations, and the annual rate was +3.4% compared to the previous fiscal year.
Feb. PCE Preview: The Path to Lower Inflation May Be on Hold Before Gaza Ceasefire Agreement Takes Effect
The Bureau of Economic Analysis will release the Personal Consumption Expenditure stats and the price index at 8:30 ET on Friday.The PCE deflator is expected to rise slightly from 2.4% to 2.5%, and the core PCE price index is expected to remain at 2.8%.