Consumer Spending Spikes Retail Sales in March of this Year
After unexpected strength, consumer spending spiked retail sales to end the week. However, Thursday’s report caused little reaction.
After unexpected strength, consumer spending spiked retail sales to end the week. However, Thursday’s report caused little reaction.
As CPI shows inflation plummet, most investors expect moderate U.S. economic growth this year and weakness in other regions.
As the latest core CPI report reflects steady inflation, investors received little major news from the Fed meeting after a quiet week.
This week, a provocative selloff saw stocks fall suddenly. Additionally, the Dow Jones plummeted than 1,000 points.