US Retail Sales Preview: Relentless shopper may provide dollar-selling opportunity ahead of the Fed

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US Retail Sales Preview: Relentless shopper may provide dollar-selling opportunity ahead of the Fed
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Economists expect USRetailSales to have risen by a modest 0.4% in February Retail RetailSales Fed

. Only a temporary one.

US Retail Sales jumped by 3.8% in January and the all-important Control Group – aka "core of the core" – frog leaped by 4.8% in the first month of 2022. Analysts took that positive shock as compensation for a crash in December's volume of sales, and both figures as distortions related to changing seasonal habits –However, a broader look at sales shows a more. Americans have more money in their pockets due to a booming labor market and higher wages.

. Will the global economy falter due to hostilities and sanctions? Or will it end soon, trigger rapid rebuilding and even higher inflation?– not Federal Reserve Chair Jerome Powell, nor Russia's President Vladimir Putin. Therefore, the Fed will likely be "humble and nimble" as Powell said, especially noncommital., allowing some hot air to come out of the US dollar

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