Reflecting a deterioration in consumer expectations, the Conference Board released a report on Tuesday showing a modest decrease in U.S. consumer confidence in the month of February.
The Conference Board said its consumer confidence index dipped to 110.5 in February from a downwardly revised 111.1 in January.
Economists had expected the consumer confidence index to drop to 110.0 from the 113.8 originally reported for the previous month.
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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.