U Mich consumer sentiment 77.8 vs 76.2 exp

  • Highest since Jan 2008
  • Current conditions 87.3 vs 83.0 exp (also a high since 2008)
  • Expectations 71.7 vs 72.5 exp
  • 1-year inflation outlook 3.1% vs 3.2% prior
  • 5-year inflation outlook 3.0% vs 2.9% prior

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