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.
Retail Sales Pause Again, Inflation Takes a Spring Break. What We Learned During the Week of April 10 – 14
Retail sales unimpressed again during March while inflation reversed course.
