The final value of the University of Michigan Consumer Sentiment Index for November in the U.S. was 71.8, the highest level since April this year, but lower than the expected 73.9 and also below the preliminary value of 73 before the election results. After the U.S. election was settled, consumer confidence in the economic outlook of the U.S. has declined. Additionally, although short-term inflation expectations hit a new low since 2020 at 2.6%, long-term inflation expectations reached 3.2%, higher than market expectations and the highest level since November 2023.