Market Insight - US economy: cooling inflation, cooling consumer?

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Published May 16, 2024

Lauren Saidel-Baker, economist at ITR Economics, discusses a data-heavy day, in which the US CPI April reading came in a touch lower than expected, but US retail sales in April were flat — prompting many economists to ask whether the US consumer is finally buckling under high inflation and high interest rates.

#News #USA #Retail #Markets #Reuters #Newsfeed

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Market Insight - US economy: cooling inflation, cooling consumer? | REUTERS

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