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.
The latest data saw GDP triumph over forecasts, reflecting stronger economic growth this quarter and an unfavorable reaction for rates.
As the latest core CPI report reflects steady inflation, investors received little major news from the Fed meeting after a quiet week.
This week, the excelling labor market actually offset weak manufacturing data and concern over the pace of global economic growth this week.
As analysts place focus on the Fed minutes, mortgage rates fluctuated, ending the week higher than they were.
This week, a provocative selloff saw stocks fall suddenly. Additionally, the Dow Jones plummeted than 1,000 points.
This week, mortgage rates faced volatility as there remained a strong focus on the French election with the vote on Sunday.