U.S. consumer sentiment improves; inflation expectations rise

WASHINGTON – U.S. consumer sentiment improved to a 13-month high in February, but households expected higher inflation to persist over the next 12 months, a survey showed on Friday. The University of Michigan’s preliminary February reading on the overall index of consumer sentiment came in at 66.4, the highest reading since January 2022, up from … Continue reading U.S. consumer sentiment improves; inflation expectations rise