Today news
About the same in other media
Retail Report to Show Demand as Consumers Faced Banking Troubles, Rising Rates
Reading now: 878
A report on U.S. retail sales will gauge consumers’ willingness to spend at stores, restaurants and online in March, amid turmoil in the banking sector, rising interest rates and easing hiring.
Households pulled back on retail shopping and dining out in February after spending strongly in a warmer-than-usual January. Consumers benefited recently from lower gasoline prices and a broad cooling in inflation. Prices rose at the slowest rate in nearly two years in March. But underlying cost pressures, outside of food and energy, rose. That could keep the Federal Reserve in position to keep raising interest rates at its next meeting.
Read more on wsj.comAbout this in other media
GDP Report Shows Economic Growth Slowed in First Quarter wsj.com /1 year ago
Fed report on SVB collapse faults bank's managers — and central bank regulators cnbc.com /1 year ago
GDP Report Shows Economic Growth Slowed in First Quarter wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
