The consumer sentiment index, which measures how optimistic or pessimistic consumers are about the current and future economic conditions, was 68.0 in September 2023, lower than the 69.5 in August 2023. This means that the consumer sentiment worsened slightly, as consumers were less satisfied with their current situation and more concerned about their future prospects.

The current conditions index, which measures how consumers perceive their current economic situation, was 69.8 in September 2023, lower than the 75.7 in August 2023. This means that consumers were less happy with their income, employment, and purchasing power.

The expectations index, which measures how consumers anticipate their future economic situation, was 66.3 in September 2023, higher than the 65.5 in August 2023. This means that consumers were slightly more hopeful about the economic outlook, possibly due to the easing of COVID-19 restrictions, the stimulus package from the federal government, and the pent-up demand from consumers and businesses.

The 1-year inflation expectations, which measure how much consumers expect the prices of goods and services to increase over the next year, was 3.1 percent in September 2023, lower than the 3.5 percent in August 2023. This means that consumers expected the inflationary pressures to ease slightly, but remained well above the Federal Reserve’s long-term goal of 2 percent.

The 5-10 year inflation expectations, which measure how much consumers expect the prices of goods and services to increase over the next five to ten years, was 2.7 percent in September 2023, lower than the 3.0 percent in August 2023. This means that consumers expected the inflation rate to moderate in the long term, but remained above the historical average of 2.4 percent.

surly economist should be happy, this is telling that the economy is in good place and inflation should come down as consumers spend less. hiking cycle will come to end now .........

It was supposed to cause some correction in dollar so we’ll see how deep can go

USD is King , It's just normal retrace

Dollar will dive now. Ha-ha-ha-ha-ha...

JPY starts its way up from this very moment, while USD - down...

More reasons for oil to rally

This one looks abnormal

very very abnormal

no problem about consumer ..... still good

Hi dears.

Is there any one has idea about gold?? what happens?? gold may go up or down??

I think that due to the decrease in global gold reserves, the price of gold should increase, but we are witnessing its decrease. Why is that??