A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by much less than previously estimated in the month of February.
The University of Michigan said its consumer sentiment index for February was downwardly revised to 56.6 from a preliminary reading of 57.3. Economists had expected the index to be unrevised.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.