Consumer confidence 69.0 (9 Months High)

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  • Consumer sentiment index rose to 69.0, a nine-month high, from May’s final reading at 68.7. 
  • One year inflation expectations rose to 3.1% in June from May’s 2.8%

“Jobs and income uncertainty remain high and constitute a significant barrier for completing planned purchases.” – Survey Reports

  • 5 year inflation outlook rose to 3.1% in June from May’s 2.9%

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Source: Barron's, Reuters & CNBC

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