UMich: Final Consumer Confidence for June was 68.2 vs. preliminary 65.6

• Introduction It was 65.6
• It was previously 67.4
• Current conditions 65.9 vs. 62.5 in initial test (68.8 in previous test)
• Expectations 69.6 vs. 67.6 in initial test (66.5 in previous test)
• Inflation for one year 3.0% vs. 3.3% preliminary
• Inflation over 5 years 3.0% vs. 3.0% initially

The stock market hit its highest levels of the day, due in part to lower inflation expectations numbers, which are approaching pre-pandemic levels.

This article was written by Adam Bouton on www.forexlive.com.