You are here

LATEST US DATA

October retail sales up more than forecast

Figures point to sustained economic strength that could allow the Fed to raise rates in December

Washington

US retail sales rose more than expected in October as households bought motor vehicles and a range of other goods, pointing to sustained economic strength that could allow the Federal Reserve to raise interest rates next month.

The Commerce Department said on Tuesday

sentifi.com

Market voices on:

Powered by GET.comGetCom