The Weekly Bottom Line: How Quickly to Raise Rates? That Is the Question

U.S. Highlights Total retail sales were flat in July, marking a deceleration from June’s pace. However, sales in the control group, which exclude several volatile categories and are used in calculating GDP, rose a sturdy 0.8% m/m. Housing continued to cool in July. Existing home sales fell 5.9% and the median seasonally adjusted home price […]

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