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The UK's Gfk Consumer Confidence Index for January will be released in ten minutes.
The UK's Gfk Consumer Confidence Index in January was -22, expectations were -18, and the previous value was -17.
The UK's Gfk Consumer Confidence Index recorded -22 in January, the lowest level since December 2023.
The preliminary value of the Eurozone Consumer Confidence Index in January was -14.2, expectations were -14.2, and the previous value was -14.5.
The Federal Reserve's Goolsbee said that we are confident in keeping inflation at 2%, which is a commitment given by the Federal Reserve.
The University of Michigan Consumer Confidence Index in the United States rose to 73.2 in January, with expectations of 73.8 and a previous value of 74.
The Conference Board Consumer Confidence Index for December was 104.7, compared with expectations of 113 and a previous value of 111.7.
The UK's December Gfk Consumer Confidence Index will be released in ten minutes.
UK December Gfk Consumer Confidence Index -17, expectations -18, previous value -18.
The University of Michigan Consumer Confidence Index recorded a preliminary value of 74 in December, the highest since April 2024.
The final value of the University of Michigan Consumer Confidence Index in November was 71.8, with expectations of 73.7 and a previous value of 73.
"The decision to cut rates is a nod to growing confidence that inflation is on track to reach the Fed's 2 percent target - confidence based in part on signs in recent months that both labor and product markets are balancing," Kansas Fed President Schmid said in remarks prepared to be delivered to the Omaha Chamber of Commerce. He said that while progress toward returning to the 2 percent target means now is an appropriate time to cut rates, "interest rates...
The University of Michigan Consumer Confidence Index in the United States rose to 73 in November, compared with expectations of 71 and a previous value of 70.5.
Fed chairperson Jerome Powell said the omission of a change in confidence language from the FOMC statement did not imply any hint of stickiness in inflation. Asked about September's forecast for a 2025 rate cut, Mr. Powell said he did not rule that out or accept that possibility.
Mr. Trump said he was "confident" of winning the election and that the result would "not be a narrow margin".
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