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How to interpret rising claims and the horrible retail sales figures

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How to interpret rising claims and the horrible retail sales figures

Edward Harrison
Feb 14, 2019
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How to interpret rising claims and the horrible retail sales figures

pro.creditwritedowns.com

The Federal Reserve's about-face on rates between December and January looks a lot more rational in the context of the US economic data released today. We saw US retail sales unexpectedly fall in December, posting the worst drop in nine years. It was the biggest miss versus consensus since March 2009 too. These figures were delayed a month by the govern…

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