Latest Updates: Related to Inflation

Robust Consumer Spending Keeps Fed Tightening in Play


U.S. retail sales climbed by +1.3% in October, topping the +1.0% median forecast with the largest monthly increase since January. Vehicle sales rose +1.3%, while gas station sales (reflecting higher pump prices) increased by +4.1% during the month. These two categories accounted for roughly half of the overall gain. When gas and autos are excluded, sales were up +0.9%, easily topping the +0.2% ex gas and auto forecast.

Read the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Fed Offers Welcome Relief to the Short End

Markets Yawn as Prices Soar

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.