US Michigan Consumer Expectations Prel (Jan) 55.0 vs. Exp. 54.2 (Prev. 54.6)
The preliminary Michigan Consumer Expectations for January came in at 55.0, surpassing expectations of 54.2 and slightly up from the previous reading of 54.6.
US President Trump is said to be considering issuing an order on California home building, CNBC reports
US Supreme Court will not rule today on the US Trump tariff case
US Michigan Consumer Expectations Prel (Jan) 55.0 vs. Exp. 54.2 (Prev. 54.6)
US Labour Secretary Chavez-Deremer says the economy is well positioned for further growth, following Dec. payrolls data
White House Economic Adviser Hassett says he will accept the Fed job if offered, via Fox News
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This modestly positive surprise suggests consumer sentiment may be improving, which could have implications for spending patterns and potentially influence future monetary policy as the Fed gauges the strength of the recovery.
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