- Prior was 50.3
- Current conditions vs 51.3 expected (52.3 prior)
- Expectations vs 51.2 expected (49.0 prior)
- One-year inflation 4.1% vs 4.7% prior
- Five-year inflation 3.2% vs 3.6% prior
The UMich survey is flawed but the Fed still looks at it. Those inflation numbers are a real green light to cut rates. The stock market should like this.
