2023-06-16 10:00:00
- Data from the University of Michigan: consumer sentiment and inflation expectations.
After a week filled with important macroeconomic data and interest rate decisions in the Eurozone and the United States, the last day of the week was relatively quiet. Early in the day, investors took notice of the Bank of Japan’s interest rate decision, which was in line with expectations. The BoJ kept interest rates unchanged at -0.1%.
The most important release today, in addition to the already known BoJ decision, is the Consumer Sentiment Index and Inflation Expectations from the University of Michigan. The previous month, consumers expected one-year inflation of 4.2% and five-year inflation of 3.1%.
Detailed program of the day:
4:00 p.m., USA – University of Michigan Sentiment:
Consumer Sentiment: Expected: 60.2, Previous: 59.2
One-year inflation expectations: Previous: 4.2%
Five-year inflation expectations: Previous: 3.1%
Speeches by central banks :
2:45 p.m., United States – Waller, FOMC member
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