A report released by the University of Michigan on Friday showed a significant deterioration in U.S. consumer sentiment in the month of April.
The University of Michigan said its consumer sentiment index plunged to 47.6 in April after falling to 53.3 in March. Economists had expected the index to dip to 52.0.
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Forex News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.