26 March 2019 Consumers are Cash-Rich and Confident Don't Worry About Them

Ian Shepherdson (Chief Economist and Founder)25th Mar 2019 19:20U.S., Economic Monitor

When Fed Chair Powell said last week that the "surprise" weakness in the official retail sales numbers is "inconsistent with a significant amount of other data", we're guessing that he had in mind a couple of reports which will be updated today.

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