US: UoM Consumer Confidence Index drops to 63.4 in March vs. 67 expected – by eren_fxstreet ConsumerConfidence UnitedStates Macroeconomics
US Dollar Index stays in negative territory but holds above 104.00.
"Year-ahead inflation expectations receded from 4.1% in February to 3.8%, the lowest reading since April 2021, but remain well above the 2.3-3.0% range seen in the two years prior to the pandemic," the publication further read. "Long-run inflation expectations edged down to 2.8%, falling below the narrow 2.9-3.1% range for only the second time in the last 20 months."
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