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US Consumer Holding Up Despite Jobs Weakness
US retail sales expanded by 0.6% in August, contradicting expectations of a consumer slowdown given softness in the labour market. How much will this weigh on the Fed's monetary policy trajectory? We discuss this and other trends with Michele Schneider of Market Gauge.
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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By BFM Media
3.5
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US retail sales expanded by 0.6% in August, contradicting expectations of a consumer slowdown given softness in the labour market. How much will this weigh on the Fed's monetary policy trajectory? We discuss this and other trends with Michele Schneider of Market Gauge.
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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