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How Much Do Soft Retail Sales Affect the Fed?

How Much Do Soft Retail Sales Affect the Fed?

Aug. 13 (Bloomberg) - Deutsche Bank Senior U.S. Economist Carl Riccadonna, Peritus Asset Management Chief Investment Officer Tim Gramatovich and J.P. Morgan Private Bank U.S. Head of Equity Strategy Monica DiCenso discuss consumer spending, retail sales and how they affect the Feds rate policy. They speak on Street Smart. (Source: Bloomberg)