Preliminary data released by the University of Michigan on Friday unexpectedly showed a slight deterioration in U.S. consumer sentiment in the month of March.The report said the consumer sentiment index edged down to 76.5 in March after falling to 76.9 in February. Economists had expected the index to come in unchanged."After strong gains between November 2023 and January 2024, consumer views have...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.