Retail sales rose slower in June than in May
Lower sales at the pump helped reduce consumer spending growth.
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Lower sales at the pump helped reduce consumer spending growth.
The FOMC agrees to disagree (a little bit).
But many companies absorbed oil price increases instead of passing them on, according to the Q2 Duke-Fed survey.
In May, more small businesses said they planned to raise prices in the next three months, the NFIB says.
“We’re getting hit from both sides,” the founder of a cancer patient care package company says.
The lopsided deal is still preferable to a trade war, EU observers say.
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