Reflecting easing concerns about the Delta variant of the coronavirus, the Conference Board released a report on Tuesday showing U.S. consumer confidence reversed a three-month downward trend in the month of October.
The Conference Board said its consumer confidence index climbed to 113.8 in October from an upwardly revised 109.8 in September.
The rebound surprised economists, who had expected the consumer confidence index to edge down to 109.0 from the 109.3 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.