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<ul><li><a href="https://www.forexlive.com/news/u-of-michigan-consumer-sentiment-prelim-survey-for-august-rises-to-551-vs-525-estimate-20220812/" target="_blank" class="article-link">Prior </a>was 58.2</li><li>Prelim was 59.5</li>         <li>Current conditions  59.7 vs 58.9 prelim</li>         <li>Expectations  58.0 vs 59.9 prelim</li>         <li>1-year inflation 4.7% vs 4.6% prelim (4.8% prior)</li>         <li>5-10 year <a href="https://www.forexlive.com/terms/i/inflation/" rel="follow" target="_blank" debug="" class="term__term-title">inflation</a>  2.7% vs 2.8% prelim (2.9% prior)</li></ul><p>This is the final data point of the month but we will get speeches from Bowman, Barkin and Williams later today.</p><p>For the Fed, the <a href="https://www.forexlive.com/terms/i/inflation/" target="_blank" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa_4" class="terms__main-term">inflation</a> components of this survey are the more-important ones right now and they've trended lower in the past few months after peaking at alarming levels. Breakevens and reals are showing the same kind of moves.</p>

                This article was written by Adam Button at forexlive.com.