Revised UoM Consumer Sentiment held steady at 74.0, reflecting stable consumer outlook amid mixed economic signals.
The US Dollar Index (DXY) held firm near $107.74 as US 10-year bond yields consolidated around 4.52%, reflecting cautious market sentiment. Core PCE Price Index increased by 0.1%, slightly below expectations, suggesting softening inflation pressures.
Personal income grew 0.3%, while spending rose 0.4%, signaling moderate consumer activity. Revised UoM Consumer Sentiment remained steady at 74.0, reflecting stability in consumer outlook. The Fed's Daly reiterated a cautious tone, highlighting the importance of inflation trends.