US: UoM Consumer Sentiment Index falls to 67.2 (final) in December vs 68.7 expected

The University of Michigan's (UoM) final estimate of the Consumer Sentiment Index came in at 67.2 in December, below the flash estimate of 68.7 released earlier in the month, and well below November's reading of 70.6. That marked a fresh low since 2011.

Jan 28, 2022

United States Michigan Consumer Sentiment Index below forecasts (68.7) in January: Actual (67.2)

Fed's Kashkari: Expect Fed to raise rates at March meeting, have to see how data plays out

Federal Reserve Bank of Minneapolis President Neel Kashkari said on Friday that he expects the Fed to raise rates at the March meeting.