Daily Archives: October 28, 2024

Macro Briefing: 28 October 2024

US consumer sentiment strengthened for a third straight month in October, according to survey data published by the University of Michigan. The school’s widely-read sentiment index edged higher this month to its highest reading since April. “This month’s increase was primarily due to modest improvements in buying conditions for durables, in part due to easing interest rates,” reports Joanne Hsu, surveys of consumers director at the university.

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