US Michigan Consumer Sentiment Prel (Jan) 54.0 vs. Exp. 53.5 (Prev. 52.9)
The preliminary Michigan Consumer Sentiment for January came in at 54.0, slightly above expectations of 53.5 and also up from the previous month's 52.9.
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 Sentiment Prel (Jan) 54.0 vs. Exp. 53.5 (Prev. 52.9)
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 beat suggests a modest improvement in consumer confidence, which could have implications for spending and economic growth ahead. Market participants may interpret this data as a sign of resilience in consumer sentiment, potentially influencing views on monetary policy and interest rates.
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