{"id":95663,"date":"2024-01-19T19:07:57","date_gmt":"2024-01-19T15:07:57","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=95663"},"modified":"2024-01-19T20:45:52","modified_gmt":"2024-01-19T16:45:52","slug":"us-consumer-sentiment-soars-price-outlook-hits-three-year-low","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-consumer-sentiment-soars-price-outlook-hits-three-year-low\/01\/19\/market-updates\/","title":{"rendered":"US Consumer Sentiment soars, price outlook hits three-year low"},"content":{"rendered":"\n<p>The University of Michigan sentiment index shot up to 78.8 in early January, but short-term inflation views dropped to 2.9%. US consumer sentiment jumps, and price outlook hits three-year low.<br><br>Over the coming year, consumers anticipate price increases at an annual pace of 2.9%, down from 3.1% predicted one month earlier.<br><br>Early in January, US consumer confidence surged to its highest level since 2021, far above forecasts, but short-term inflation expectations fell to a three-year low.<br><br>The largest monthly gain since 2005 was recorded by the University of Michigan&#8217;s consumer mood index, which increased 9.1 points to 78.8. The preliminary result for January exceeded all projections according to a Bloomberg poll of economists.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The University of Michigan sentiment index shot up to 78.8 in early January, but short-term inflation views dropped to 2.9%. US consumer sentiment jumps, and price outlook hits three-year low.Over the coming year, consumers anticipate price increases at an annual pace of 2.9%, down from 3.1% predicted one month earlier.Early in January, US consumer confidence &hellip;<\/p>\n","protected":false},"author":13,"featured_media":59226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7048,8950],"class_list":["post-95663","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-consumer-confidence","tag-university-of-michigan-consumer-sentiment"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=95663"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95663\/revisions"}],"predecessor-version":[{"id":95669,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95663\/revisions\/95669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/59226"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=95663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=95663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=95663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}