After reporting a surge in consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a slight improvement in sentiment in the month of February.
The report said the consumer sentiment index inched up to 79.6 in February after spiking to 79.0 in January. Economists had expected the index to rise to 80.0.
With the uptick, the consumer sentiment index reached its highest level since hitting 81.2 in July 2021.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.