UMich Sentiment Drops to 47.8 in September, Below Expectations
University of Michigan consumer sentiment for September came in at 47.8, below the 51.0 forecast.
6 min ago2 min read
University of Michigan consumer sentiment for September came in at 47.8, below the 51.0 forecast.
US CPI data initially boosted September rate hike odds above 90%, but markets reversed with stock futures rising and the dollar retreating.
Bitcoin and gold fell after August core CPI rose 0.3% MoM, above the 0.2% forecast, raising Fed uncertainty.