AL DHAFRA / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al ...
Read More »US consumers hang in there despite big bite from inflation
Bloomberg The reports of retail sales and consumer sentiment offered a glimmer of optimism that Americans aren’t ready to pull back on spending en masse in the face of decades-high inflation. Granted, the 0.5% rise in March sales was dwarfed by an even bigger increase in inflation that shows real spending is softening after a stronger start to the year. ...
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