US Consumer Confidence

The consumer price index increased 0.2 per cent last month after falling 0.1 per cent in June, the Labor Department's Bureau of Labor Statistics said

While the economy is expected to slow this year as a result of the cumulative impact of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to tame inflation

The Conference Board said on Tuesday that its consumer confidence index rose to 114.8 this month, the highest reading since December 2021

The Conference Board said its consumer confidence index fell to 101.3 - the lowest since July 2022 - from a revised 104.0 in March

The Conference Board's index fell to 109.3 from a revised 115.2 reading in August, according to the group's report Tuesday.

The Conference Board's consumer confidence index dropped to a reading of 88.6 this month, the lowest since August, from 92.9 in November

US stocks, which enjoyed a huge rally on Wednesday, were trading sharply lower after Thursday's data, with the S&P 500 index down about 1.8 per cent

Amercian economy expected to grow at a 2.2% annualised rate in Q3 over the preceding quarter's brisk 3% pace