Latest US consumer confidence report for January 2016

  • Prior 96.5. Revised to 96.3
  • Current conditions 116.4 vs 115.3 prior. Revised to 116.4
  • Expectations 85.9 vs 83.9 prior. Revised to 83.0
  • Jobs hard to get 23.4 vs 24.7 prior. Revised to 24.5
  • 1yr inflation expectations 4.8% vs 4.8% prior. Revised to 4.9%

The Fed wanted to see inflation expectations grounded and that's pretty much the case. The US consumer continues to feel upbeat about their fortunes