A report released by the Conference Board on Tuesday showed a much bigger than expected decrease in U.S. consumer confidence in the month of September.
The Conference Board said its consumer confidence index tumbled to 103.0 in September from an upwardly revised 108.7 in August.
Economists had expected the consumer confidence index to edge down to 105.8 from the 106.1 originally reported for the previous month.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.