WS #14078
US retail sales fell 0.6% in July, missing expectations, and University of Michigan consumer sentiment slumped to 51.0, raising stagflation fears and reducing odds of Fed rate hikes.
US macro data: weak retail sales and consumer sentiment
US retail sales fell 0.6% in July, missing expectations, and University of Michigan consumer sentiment slumped to 51.0, raising stagflation fears and reducing odds of Fed rate hikes.