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US Consumer Still Spending Despite High inflation; EUR/USD

Started by PocketOption, May 18, 2022, 06:18 am

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PocketOption

May 18, 2022, 06:18 am
US Consumer Still Spending Despite High inflation; EUR/USD

Anyone who is worried about the effects that inflation will have on household spending can take a deep breath for another month as April's Retail Sales data continued to be strong.  The headline Retail Sales print for April was 0.9% MoM vs 0.9% MoM expected and 1.4% MoM (revised higher from 0.5%!) in March.  This […]


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