Friday, April 27, 2007

U.S. April consumer sentiment at 7-month low-UMich

(Reuters) - April's final result was the lowest since 85.4 in September 2006 but was up from the 85.3 preliminary April reading. The median forecast among analysts polled by Reuters was 85.2. The 54 forecasts ranged from 84.0 to 88.8.

The survey showed increased inflation expectations among consumers, who also fretted over rising gasoline prices and troubles in the housing market. However, the stock market's recent stellar performance did cheer some.


Read more at Reuters.com Bonds News

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