A report released by the Conference Board on Tuesday showed consumer confidence in the U.S. unexpectedly improved from a downwardly revised level in the month of July.The Conference Board said its consumer confidence index rose to 100.3 in July from a downwardly revised 97.8 in June.Economists had expected the consumer confidence index to edge down to 99.5 from the 100.4 originally reported for th...
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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.