The summer of 2017 is shaping up better for retail sales than previously believed.
Retail Sales and Inflation Both Take a Summer Break: July 10 – 14
The summer has not been sizzling (so far) for retailers while inflation takes June off for vacation.
The Fed Moves, Inflation Does Not: June 12 – 16
The Federal Reserve raised short-term interest rates even though inflation remains below where it wants it to be.
