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U.S. Consumers Show Strength With Jump in Retail Sales
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U.S. retail sales rose sharply in October, a sign of economic strength that leaves the Federal Reserve likely to keep raising interest rates as it tries to reduce persistently high inflation.
Retail sales rose a seasonally adjusted 1.3% in October compared with September, when they were unchanged, the Commerce Department said Wednesday.
Read more on wsj.comAbout this in other media
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U.S. Consumers Show Strength With Jump in Retail Sales wsj.com /2 years ago
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