Partly reflected a steep drop by consumers' assessment of current business and labor market conditions, the Conference Board released a report on Tuesday showing a bigger than expected decrease by its reading on U.S. consumer confidence in the month of September.
The Conference Board said its consumer confidence index slid to 94.2 in September from an upwardly revised 97.8 in August.
Economists had expected the consumer confidence index to dip to 96.0 from the 97.4 originally reported for the previous month.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.