Sideways trend continues for Conf. Board sentiment index in January

Summary: Conference Board Consumer Confidence Index down in January, below expectations; index remains in relatively stable, narrow range present since 2022; US Treasury yields rise moderately; expectations of Fed rate cuts soften slightly; ANZ: survey didn’t capture any effects from raft of presidential executive orders; views of present conditions, short-term outlook both deteriorate. US consumer confidence clawed its way back to neutral over the five years after the GFC in...

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