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Weak US retail sales, consumer prices put spotlight on Fed
Softening in domestic demand could limit Fed's ability to continue raising interest rates this year
Published Wed, Jun 14, 2017 · 09:50 PM
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Washington
US retail sales in May recorded their biggest drop in 16 months and consumer prices unexpectedly fell, suggesting a softening in domestic demand that could limit the Federal Reserve's ability to continue raising interest rates this year.
The Fed is expected to increase borrow…
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