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.
Retail Gains (for Some), Inflation Rebounds: May 8 – 12
Retail sales increased during April, although not all retailers benefited from increased consumer spending. Meanwhile, inflation rebounded during April after having taken March off.
