A report from the University of Michigan revealed on Friday the preliminary reading for the Reuters/Michigan index of consumer sentiment rose to 92.0 in early September.

Economists had expected the index would increase to 90.9 this month from August’s final reading of 89.8.

According to the report, the index of current U.S. economic conditions rose to 106.9 in September from 105.3 in the previous month. Meanwhile, the index of consumer expectations climbed to 82.4 this month from 79.9 in August.

The data did indicate that consumers anticipate that the Fed would cut interest rates next week, with net declines in interest rates more frequently expected at present than anytime since the depths of the Great Recession in February 2009, the report noted.