Revised data released by the University of Michigan on Thursday showed consumer sentiment in the U.S. improved by slightly more than initially estimated in the month of December.The report showed the consumer sentiment index for December was upwardly revised to 70.6 from the preliminary reading of 70.4. The revised reading is even further above the ten-year low of 67.4 seen in November. Surveys of...
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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.