The U.S. 1-year inflation expectation for January has risen to 4.2%, slightly above the anticipated 4.1% and matching the previous figure of 4.20%. This increase reflects ongoing inflationary pressures in the economy. Additionally, the University of Michigan's preliminary Consumer Sentiment Index for January improved to 54, surpassing expectations of 53.5 and up from December's 52.9, indicating a modest boost in consumer confidence.