USA_ UMich Long-Term Inflation Expectations at Highest Since 1995; S&P PMIs Below Expectations on Net; Existing Home Sales Decline
2025-02-25 02:06
USA: UMich Long-Term Inflation Expectations at Highest Since 1995; S&P PMIs Below Expectations on Net; Existing Home Sales Decline 21 February 2025 | 12:01PM EST BOTTOM LINE: The University of Michigan's index of consumer sentiment was revised down in the February final report, below expectations. The report's 1-year inflation expectations measure was unrevised at 4.3% while the 5-10-year measure was revised up by 0.2pp to 3.5%. The S&P Global US manufacturing PMI ticked up in February, roughly in line with ...