US Consumer Holding Up Despite Jobs Weakness
Michele Schneider, Chief Strategist, Market Gauge
17-Sep-25 07:00
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US retail sales expanded by 0.6% in August, contradicting expectations of a consumer slowdown given softness in the labour market. How much will this weigh on the Fed's monetary policy trajectory? We discuss this and other trends with Michele Schneider of Market Gauge.
Image Credit: Shutterstock.com
Produced by: Natalie Tan
Presented by: Shazana Mokhtar, Philip See, Elaine Boey
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Categories: markets, economy, international
Tags: 25 basis points cut, retail sales, job market, silver, commodities,
