Reflecting the conflict in the Middle East and the subsequent jump in gas prices, the University of Michigan released a report on Friday showing a modest deterioration in U.S. consumer sentiment in the month of March.
The University of Michigan said its consumer sentiment index fell to 55.5 in March after inching up to 56.6 in February. Economists had expected the index to edge down to 56.2.
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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.