US Consumer Confidence Index in January hits highest level in 2 years and 1 month. The consumer confidence index for January announced on January 30th was 114.8, a significant increase of 6.8 points compared to December last year.
It will be interesting to see if trends in consumer spending, which have supported the American economy even under high interest rate levels, will continue to be strong, as this will also influence the timing of interest rate cuts by the Federal Reserve, the central bank.