23 October
United States. Michigan 1-Year Inflation Expectations. The value of the indicator has decreased from 6.7% to 6.5%
A report on this calendar event is released twice a month by the University of Michigan.
The indicator measures consumers' expectations regarding changes in prices for goods and services for the next 12 months.
Preliminary and revised data are published at two-week intervals.
Preliminary data are presented to the attention of market participants earlier and, as a rule, have a greater impact in comparison with the revised values.
Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the fall in quotes of USD.
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