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I noticed an interesting movement in the data on the US economy. The Michigan index for April came out stronger than all analysts expected. The final figure of 52.5 exceeded the forecast of 50.7 — a pretty good surprise.
If you remember, a month earlier, the Michigan index showed 50.1, so the trend is clearly turning upward. The recalculation gave an official value that confirms the recovery of current economic conditions.
This means consumer expectations are improving faster than expected. The Michigan index is one of the key indicators of consumer sentiment, so such a jump could influence the Fed's decisions. It will be interesting to see how this affects the markets in the coming weeks.