- Prior was 67.4
- Current conditions 74.6 vs 71.0 expected
- Expectations 67.8 vs 62.0 expected
- 1-year inflation 4.9% vs 4.9% prior
- 5-10 year inflation 3.0% vs 3.0% prior
This number is more of a political barometer than an economic one. The Fed does closely watch the inflation expectations numbers, which have been rising in the short-term but steadied this month.
U Mich 1 year inflation