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US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook /
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2024-06-18 16:05:09

US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Rise 0.1% in May, Falling Short of Expectations Amid High Inflation ...

US Retail Sales Rise 0.1% in May, Falling Short of Expectations Amid High Inflation and Rates
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#fed009b0 ver:0.58

US retail sales rise 0.1% in May, falling short of expectations amid high inflation and rates. Concerns about economic growth and potential recession arise as consumer demand softens. Gas stations and furniture stores see declines, while specialty stores and online sales show strength. High interest rates and inflation weigh on consumers, impacting the US economy. Rate cut probability increases. #RetailSales #Inflation #EconomicGrowth #RecessionConcerns...

#newstr #UsRetailSales #ConsumerSpending #FederalReserve #Inflation #InterestRates

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