U.S. consumer confidence in October fell for a third straight month amid worries over business conditions and employment prospects. The figure is the lowest since June.

The Conference Board's consumer confidence index slipped to 125.9 this month from an upwardly revised 126.3 in September.

Lynn Franco, director of economic indicators at the Conference Board, said in a statement that consumers feel good about present conditions, but future expectations weakened slightly as consumers expressed some concerns about business conditions and job prospects.

The confidence report was published ahead of a key Federal Reserve announcement on Wednesday. The Fed is expected to cut interest rates for the third time in 2019.