U.S. Consumer Sentiment Jumps In January, Near-Term Inflation Expectations Extend Slide

Consumer sentiment in the U.S. has improved much more than expected in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index jumped to 64.6 in January from 59.7 in December. Economists had expected the index to inch up to 60.5.Original Article