Retail sales barel budged coming in unchanged in april. Many considered this report just as important in its own way as the Monthly Employment number but for now no sign of an economic bounceback and that could make the federal reserves decision on when to hike Interest Rates even more complicated. Hampton pearson reports. No signs of a springtime rebound in the economy from the latest retail sales numbers. The april downturn saw things downs. Clothing sales were up slightly along with Sporting Goods and online stores. The biggest bounce was garld material and building equipment and bars as the hibernation finally ended but still a catch 22 for the feds. Low rates are supposed to help spending but consumers didnt spend in april, when the weather was bad in february and march and havent been spending since last fall. Over the last six months weve essentially flatlined. So the Monetary Policy with the intention to drive demand has pulled forward so much Economic Activity there is only so
Retail sales barel budged coming in unchanged in april. Many considered this report just as important in its own way as the Monthly Employment number but for now no sign of an economic bounceback and that could make the federal reserves decision on when to hike Interest Rates even more complicated. Hampton pearson reports. No signs of a springtime rebound in the economy from the latest retail sales numbers. The april downturn saw things downs. Clothing sales were up slightly along with Sporting Goods and online stores. The biggest bounce was garld material and building equipment and bars as the hibernation finally ended but still a catch 22 for the feds. Low rates are supposed to help spending but consumers didnt spend in april, when the weather was bad in february and march and havent been spending since last fall. Over the last six months weve essentially flatlined. So the Monetary Policy with the intention to drive demand has pulled forward so much Economic Activity there is only so
Retail sales barel budged coming in unchanged in april. Many considered this report just as important in its own way as the Monthly Employment number but for now no sign of an economic bounceback and that could make the federal reserves decision on when to hike Interest Rates even more complicated. Hampton pearson reports. No signs of a springtime rebound in the economy from the latest retail sales numbers. The april downturn saw things downs. Clothing sales were up slightly along with Sporting Goods and online stores. The biggest bounce was garld material and building equipment and bars as the hibernation finally ended but still a catch 22 for the feds. Low rates are supposed to help spending but consumers didnt spend in april, when the weather was bad in february and march and havent been spending since last fall. Over the last six months weve essentially flatlined. So the Monetary Policy with the intention to drive demand has pulled forward so much Economic Activity there is only so
NYCB Plans Reverse Stock Split After $1.05 Billion Capital Raising The regional lender said the reverse split will make its shares more appealing to a range of institutional and retail.
It s a Higher-for-Longer World for Rates, and That s OK After another warm inflation reading, focus less on when the Fed will start cutting and more on where they will end up.
Global.