Tag: interest rates
US Retailers Face Positives and Negatives with a Large Dose of Uncertainty from Trump...
"A second Trump administration will not collapse retail, nor will it propel it to dizzy heights," says Global Data Managing Director of Retail Neil Saunders.
NRF Says a Recession Is Unlikely
With the economy slowing but still growing and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have dodged a recession, according to National Retail Federation Chief Economist Jack Kleinhenz.
NRF Economist Says Inflation and Interest Rates Remain Key
Inflation and the Federal Reserve’s efforts to bring inflation under control will continue to play a major role in the economy this year.
NRF Says Full Effect of Federal Reserve’s Monetary Tightening Is Not Yet Visible
With the Federal Reserve continuing to increase interest rates to fight inflation, the NRF doesn’t expect a recession but said the forecast assumes gross domestic product growth will slow from nearly 3 percent in the second half of 2022 to 1 percent in 2023.
Consumers Still Spending Despite Inflation and Interest Rates
Consumers remain worried about high inflation and Federal Reserve interest rate hikes intended to bring inflation under control, but neither has stopped them from spending.