The University of Michigan Consumer Sentiment Index increased 3.1% in September compared to the month prior, landing at 70.1, according to final results for the month. The September figure was up 3.4% from a year ago. The current conditions component of the index rose 3.3% from the month prior, landing at 63.3, while the consumer expectations index increased 3.2% to 74.4.
ABA DataBank: Fed rate hike reset
Hotter-than-expected inflation data in April pushed financial markets to sharply revise expectations for Federal Reserve monetary policy.









