What was the expected rise in the University of Michigan's consumer sentiment index?
UMich Data Show Short-Term Inflation Expectations Fell

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
68
59.2
63.9
60
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factors have contributed to the positive sentiment in the consumer index?
Stock markets, jobs, and gasoline prices
Housing market, interest rates, and unemployment
Government policies, taxes, and exports
Healthcare, education, and technology
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the previous one-year inflation rate before it dropped to 3.3%?
3.1%
4.2%
4.0%
3.5%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the five to ten-year inflation expectation change?
Decreased to 3%
Remained at 3.1%
Decreased to 2.9%
Increased to 3.5%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the recent inflation data considered good news for the Federal Reserve?
It suggests a need for more economic stimulus
It aligns with their soft landing scenario
It shows a decrease in consumer spending
It indicates a potential for higher interest rates
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