Reflecting a pullback in expectations, the Conference Board released a report on Tuesday showing a bigger than expected decrease in U.S. consumer confidence in the month of November.The Conference Board said its consumer confidence index dropped to 135.7 in November after rising to 137.9 in October. Economists had expected the index to dip to 136.5.The bigger than expected decrease by the consumer...
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.