Read full storyThe data show U.S. consumers weathering inflationary headwinds as sales gained for the fourth consecutive month, said Jeffrey Roach, chief economist for LPL Financial....
Sales are nominal, so much of the increase is from higher prices, he said." We expect a rebound in economic growth in Q2," Roach said in an email, if prices moderate enough to relieve some of the pressure on consumers.U.S. and European stocks rallied following gains overnight in Asia....
.N/ CThe gains were a r
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2022-05-18 00:00:00.0