Daybreak Weekend: US PCE, CBI Conference, BOK Preview
Bloomberg Daybreak: Europe Edition
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Impacts of U.S. Economic Data on Federal Policy and Retail Performance
This chapter analyzes key upcoming U.S. economic data, particularly the GDP estimate and PCE Price Index, and their implications for Federal Reserve policy and potential rate cuts. It also examines consumer spending trends and the challenges facing retailers like Macy's, including competition from discount outlets and online sales giants. The discussion reflects on how external factors like weather events influence retail performance and spending patterns.
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