Golden Finance reported that the University of Michigan's consumer confidence survey at the end of January showed some signs of weakness, with the overall index falling to 71.1 from an initial value of 73.2 at the beginning of this month and 74.0 at the end of December, the lowest since before the election (70.5 in October). level, indicating that people are more skeptical as the new government is about to take office. Inflation expectations, which have extended much of their gains since the election, may also have something to do with it. The median full-year inflation expectation remained unchanged at the initial reading of 3.3% in January, up from 2.8% in December and 2.7% in October. Five-year interest rate expectations fell to 3.2% from 3.3% at the beginning of the month, but are still higher than 3.0% in December and October last year and hit the highest end-of-month rate since mid-2008.