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Retail sales surpassed Wall Street's estimates in August, as investors keep a close eye on any signs of a slowdown in consumer spending. The data comes as the Federal Reserve's two day policy meeting kicks off in Washington with the central bank widely expected to cut interest rates as economic growth data slows and inflation lessens.
Retail sales rose 0.1% in August. Economists had expected a 0.2% decrease in spending, according to Bloomberg data. Meanwhile, retail sales in July were revised t...
>>> Read more: Retail sales top Wall Street estimates in August
Retail sales rose 0.1% in August. Economists had expected a 0.2% decrease in spending, according to Bloomberg data. Meanwhile, retail sales in July were revised t...
>>> Read more: Retail sales top Wall Street estimates in August
