June 2018 US Michigan consumer sentiment final 29 June 2018

  • Flash 99.3. May 98
  • Current conditions 116.5 vs 117.9 prior
  • Expectations 86.3 vs 87.4 prior
  • 1 yr inflation expectations 3.0% vs 2.9% prior
  • 5yr 2.6% vs 2.6%

Down in everything bar the 1yr inflation expectations. That’s something the Fed will be very interested in. Again, like the PCE data, little reation in USD bar a few pips drop.

Ryan Littlestone
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