Analysts at Rabobank suggest that the US consumer confidence, measured by the Conference Board, is expected to fall modestly to 132.1 in September after rising to 133.4 in August – the highest level since October 2000.
Key Quotes
“The underlying trend is solid as consumers benefit from strong labour market and tax cuts increase their disposable income. Previous report revealed a higher share of participants who intend to buy big ticket items such as homes, cars and major appliances.”
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