- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Improved Inflation Expectations, Increased US Consumer Confidence
BlockBeats News, July 18th, as expectations for the economy and inflation continue to improve, the U.S. consumer confidence index rose to a 5-month high in early July. Data released by the University of Michigan on Friday showed that the preliminary consumer confidence index for July rose from 60.7 a month ago to 61.8. However, this number is still below the level for the whole of last year.
Consumers expect the annualized inflation rate for the next year to be 4.4%, lower than last month's 5%, the lowest level since February this year. They expect the inflation rate for the next 5 to 10 years to be 3.6%, also the lowest level in 5 months. At the same time, concerns about tariffs continue to dampen people's optimism about the economic outlook.
Joanne Hsu, the lead researcher of the survey, stated in a press release: "Consumers' expectations for business conditions, the labor market, and even their own income are weaker than a year ago. That said, the rise in confidence over the past two months indicates that consumers believe the risks of the worst-case scenarios they anticipated in April and May have eased. However, announcing tariff hikes or rising inflation could dampen market sentiment." (FXStreet)
You may also like
Hong Kong Sets Sights on 2026 Legislation for Virtual Asset Regulation
Key Takeaways Hong Kong is poised to introduce legislation in 2026 targeting virtual asset dealers and custodians. The…
Who is creating these ugly Memes?
Don’t Call it QE: Fed’s $40 Billion Move May Not Revive Crypto Market
Key Takeaways The Federal Reserve’s announcement of purchasing $40 billion in short-term Treasury bills aims to maintain liquidity…
UK to Encompass Cryptocurrencies under Finance Laws by 2027
Key Takeaways The UK is planning to integrate cryptocurrencies into its existing finance laws by 2027. Oversight will…
Crypto Whale Eyeing Acquisition of Juventus: The Battle Between European New Money and Old Money
After Two Years of Market Drama, Investors Are Choosing Math Over Hype
Key Takeaways The market experience in 2025 highlighted the fragility of sentiment-driven investments, driving investors to seek stability.…
After Two Years of Market Drama, Investors Are Embracing Math Over Hype
Key Takeaways Market conditions in 2025 forced investors to reconsider sentiment-driven strategies, opting for a more calculated approach.…
After Two Years of Market Drama, Investors Are Opting for Math Over Hype
Key Takeaways: Sentiment-driven markets have shown fragility, with investors pivoting to mathematical and structured approaches. Major financial shifts…
After Years of Turbulence, Investors Prefer Numbers Over Narratives
Key Takeaways The volatility-plagued markets of recent years have pushed investors towards logical, framework-driven investment strategies. The 2024…
Argentina Central Bank’s New Crypto Service Policy: A Gateway to Digital Finance
Key Takeaways The Central Bank of Argentina plans to allow banks to provide cryptocurrency services by April 2026.…
Fiat Inflation Spurs Global Crypto Adoption
Key Takeaways: Cryptocurrencies have gained traction as fiat currencies suffer under high inflation, offering a stable alternative. Countries…
Navigating the Storm: Understanding the Complexities Behind US Stock Market Volatility
Key Takeaways Despite Nvidia’s stellar performance, traders reacted with heightened caution, indicating complex market dynamics. The S&P 500…
Navigating Market Volatility: The Hidden Panic Behind Extreme Hedging
Key Takeaways A recent surge and subsequent slump in the US stock market has sparked widespread scrutiny and…
Extreme Hedging: Understanding the Panic in the US Stock Market
Key Takeaways The US stock market experienced a significant reversal despite Nvidia’s strong performance, with an intraday swing…
Thodex CEO’s Sudden Death Amidst $2B Crypto Scam: Impact on Turkish Law and Crypto Landscape
Key Takeaways: Faruk Fatih Özer, the former CEO of Thodex, was found dead in his cell while serving…
Thodex CEO’s Shocking Death: Unraveling the $2 Billion Crypto Scam That Reshaped Turkish Regulations
Key Takeaways The former CEO of Thodex, Faruk Fatih Özer, was discovered dead in his prison cell while…
Thodex CEO Death: Unraveling the $2B Crypto Scam That Reshaped Turkish Regulations
Key Takeaways The Thodex crypto scam involved a massive $2 billion exit fraud, leading to the CEO’s arrest…
Thodex CEO’s Shocking Death: Unraveling the $2B Crypto Scam That Reshaped Turkish Regulations
Key Takeaways The Thodex CEO’s death in prison highlights the severe consequences of major crypto scams, serving as…
Hong Kong Sets Sights on 2026 Legislation for Virtual Asset Regulation
Key Takeaways Hong Kong is poised to introduce legislation in 2026 targeting virtual asset dealers and custodians. The…
Who is creating these ugly Memes?
Don’t Call it QE: Fed’s $40 Billion Move May Not Revive Crypto Market
Key Takeaways The Federal Reserve’s announcement of purchasing $40 billion in short-term Treasury bills aims to maintain liquidity…
UK to Encompass Cryptocurrencies under Finance Laws by 2027
Key Takeaways The UK is planning to integrate cryptocurrencies into its existing finance laws by 2027. Oversight will…
Crypto Whale Eyeing Acquisition of Juventus: The Battle Between European New Money and Old Money
After Two Years of Market Drama, Investors Are Choosing Math Over Hype
Key Takeaways The market experience in 2025 highlighted the fragility of sentiment-driven investments, driving investors to seek stability.…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App