Consumers slowed their spending as prices rose.
January Retail Sales Disappoint: February 10 – 14
Still Missing the Mark: January 13 – 17
Inflation remained stubbornly above target in 2024.
The Fed’s Holiday Gift: December 16 – 20
The Federal Reserve cut its short-term interest rate target but signaled fewer cuts than previously expected for 2025.
What We Learned About the U.S. Economy Last Week 