US Consumer Confidence Reaches 2-Year High at 114.8: Indicating Inflation Slowdown and Positive Employment Outlook
US Consumer Confidence Hits 2-Year High at 114.8 Overview In January, the US Conference Board Consumer Confidence rose from 110.7 to 114.8, surpassing expectations of 113.2. This marks the highest level since December 2021. The Present Situation Index also saw a significant increase from 147.2 to 161.3, while the Expectations Index improved slightly from 81.9…