Despite some expectations among market observers of a greater slowdown as anti-inflation measures taken by the United States Federal Reserve have taken hold, data released today by the U.S. Census Bureau demonstrates retail sales continued to grow in August, fueled by...
National Retail Federation chief economist Jack Kleinhenz said the pace of inflation and how the United States Federal Reserve responds to it will play a major role in the economy this year as markets watch for when the United States Federal Reserve might make...
The economy is at a critical juncture with recession a possibility, if not a certainty, National Retail Federation chief economist Jack Kleinhenz stated in the NRF Monthly Economic Review. The United States Federal Reserve’s efforts to reduce inflation may not trigger...
According to National Retail Federation chief economist Jack Kleinhenz, the United States Federal Reserve faces “a tricky job” in addressing inflation, but ongoing growth in employment, wages and consumer spending make it unlikely the effort will generate a major...
