U.S. Consumer Sentiment saw a jump from November’s 67.4 to 70.4, above the forecasted level of 67.1.

The study found that the monthly gain in the low-income households incomes had a large disparity between the 3.8% and the 4.3% loss in income within middle-class and top-third household earnings.

Sentiment saw a rise, as lower-income consumers are expecting a 2.9% income increase through 2022. 76% of consumers saw inflation as a larger problem than unemployment.

There was a large gap between consumers current income and expected incomes, as consumers brace for potential inflationary impacts of stimulus.

U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

Market Reaction

U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

Even with improved sentiment, USD saw a quick downturn immediately after the consumer sentiment report was release, with volatility remaining from the earlier-morning CPI report.





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