Latest Updates: Related to Inflation

Consumer Spending Shows Signs of Weakening

06/15/2022

Retail sales fell last month for the first time this year, signaling that inflation and restrictive Fed policy may be starting to weigh on the consumer. It’s rare that the financial markets are able to appreciate a -0.3% decline in spending, but in this case the apparent weakness suggests Fed policy may not be as far behind as investors had come to believe.

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