University of Michigan sentiment index
  • Prelim was 64.6
  • Prior was 59.7
  • Current conditions 68.4 vs 68.6 prelim
  • Expectations 62.7 vs 62.0 prelim
  • 1-year inflation 3.9% vs 4.0% prelim (4.4% prior)
  • 5-10 year inflation 2.9 % vs 3.0% prelim (2.9% prior)

These inflation numbers will be welcomed by the Fed and the market. We've seen a few times where the final numbers are revised lower from the prelim and I wonder if there's some kind of sampling error there.