PPI Inflation Report Comes in Hot, Complicates Matters for Fed
A hotter-than-expected PPI report did nothing to calm worries about inflation,
Source: marketwatch.com
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A hotter-than-expected PPI report did nothing to calm worries about inflation,
Retail sales fell 0.8% in January from the month prior.
While spending is expected to have fallen from December, experts see underlying strength in consumer demand.
They want to see it spread to housing and other services, given that the recent slowing was driven more by goods.
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