Improved Inflation Expectations, Increased US Consumer Confidence

By: theblockbeats.news|2025/07/18 23:42:11

BlockBeats News, July 18th, as expectations for the economy and inflation continue to improve, the U.S. consumer confidence index rose to a 5-month high in early July. Data released by the University of Michigan on Friday showed that the preliminary consumer confidence index for July rose from 60.7 a month ago to 61.8. However, this number is still below the level for the whole of last year.

Consumers expect the annualized inflation rate for the next year to be 4.4%, lower than last month's 5%, the lowest level since February this year. They expect the inflation rate for the next 5 to 10 years to be 3.6%, also the lowest level in 5 months. At the same time, concerns about tariffs continue to dampen people's optimism about the economic outlook.

Joanne Hsu, the lead researcher of the survey, stated in a press release: "Consumers' expectations for business conditions, the labor market, and even their own income are weaker than a year ago. That said, the rise in confidence over the past two months indicates that consumers believe the risks of the worst-case scenarios they anticipated in April and May have eased. However, announcing tariff hikes or rising inflation could dampen market sentiment." (FXStreet)

-- Price

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.