US consumer confidence declined in April


US consumer confidence declined in April. According to preliminary data from the University of Michigan, the corresponding index was 96.9 points, down from 98.4 points in March. According to economists, it was expected to have a less significant decrease - to 98 points. At the same time, an indicator indicating the attitude of Americans to the current financial situation showed an increase from 113.3 points to 114.2 points. Expectations for the next 6 months were not so optimistic, their indicator fell to 85.8 points from 88.8 points. The Americans lowered their inflation forecast for the next 12 months from 2.5% to 2.4%, and for the long run, from 2.5% to 2.3%. University experts noted that the stimulating effect of tax reform had already completely exhausted itself.

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