Details of the January 2017 Michigan consumer sentiment flash report 13 January 2017
Prior 98.2
- Current conditions 112.5 vs 111.5 exp. Prior 111.9
- Expectations 88.9 vs 90.2 exp. Prior 89.5
- 1yr inflation exp 2.6% vs 2.2% prior
- 5yr 2.5% vs 2.3% prior
The inflation numbers will be welcome for the Fed as they had been slipping recently. To help maintain inflation it's important that folks have expectations of inflation.
The buck is rocking now as it hits a high of 115.45, Bond yields are still in the drivers seat having hit 2.42%.
Michigan 1 year inflation expectations
