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Holiday Shoppers Crush Rate Cut Hopes

Rapid increase in retail sales, expectations for lower scorch rate of The strength of the American consumer That could help take away confidence from the market that the Fed will cut rates this March. The Ministry of Commerce stated: Retail spending rose at the fastest pace in three months in December. Overall sales rose 0.6%, […]

They Talk a Lot, It Was ‘a Holiday Period’

On CNN's “The Lead” broadcast on Friday, Defense Department Deputy Press Secretary Sabrina Singh questioned why President Joe Biden was absent from Secretary of Defense Lloyd Austin when the two sides should talk frequently. When asked if he didn't know, he said, “The two of us talk a lot.'' . Once again, the vacation period […]

Inflation Figures Could Be Tarnished in the Soot of Early Holiday Sales

Wall Street may be underestimating inflation of consumer inflation report This week could reverse the consensus view that the Fed will start cutting rates in the first quarter of this year. The Ministry of Labor is expected to release a report on this issue. consumer price index (CPI) in December. Wall Street expects inflation to […]

Shoppers Use Card-Linked Offers to Make Holiday Purchases – PYMNTS.com

With little protection from rising prices during the 2023 holiday season, U.S. consumers looked for ways to manage their spending. This has made card-linked offers particularly attractive to budget-conscious shoppers. In fact, discounts and offers were the main factors driving consumers' interest in and use of these offers. More than half of cardholders are interested […]