US Inflation Outlook Edges Lower
US 1-year inflation outlook falls to 4.2%
University of Michigan surveys of consumers 1-year inflation outlook final July 4.2% vs prelim 4.2% and final June 4.6% University of Michigan surveys of consumers 5-year inflation outlook final July 3.3% vs prelim 3.3% and final June 3.3% University of Michigan surveys of consumers sentiment final July 55.2 (consensus 54.0) vs preliminary July 54.4 and final June 49.5 University of Michigan surveys of consumers current conditions index final July 54.8 vs prelim July 54.9 and final June 47.7 University of Michigan surveys of consumers expectations index final July 55.4 vs prelim July 54.0 and final June 50.7