-
U.S. retail sales rose slightly in September, adding to months of big gains
Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer. Sales rose 0.2 per cent in September from the previous month, the Commerce Department said Tuesday, in a report delayed more than a month because of the government shutdown. Sales jumped 0.6 per cent in July and August and 1 per cent in June. Numerous reports on inflation, employment, spending, and growth remain delayed and the government won’t likely be caught up until late December. The retail sales figures, which aren’t adjusted for inflation, suggest that ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From thestreet.com|Nov 25, 2025Minneapolis Fed president Neel Kashkari has renewed his criticism of cryptocurrencies. This time, he is comparing crypto to the 1990s Beanie Babies bubble and arguing that crypto ...
From financemagnates.com|Nov 25, 2025Kraken has begun a phased rollout of the Krak Card, introducing a new spending product that offers 1% cash-back rewards and supports payments using multiple asset balances. The ...
From wellsfargo.bluematrix.com|Nov 25, 2025Although we are just days away from Black Friday when holiday sales fully kick into gear, we are just now getting September retail sales data due to the government shutdown. The ...
-
- Newer Stories
From abs.gov.au|Nov 25, 2025|7 commentsThe Consumer Price Index (CPI) rose 3.8% in the 12 months to October 2025, up from 3.6% in the 12 months to September 2025. The largest contributors to annual inflation were ...
From rbnz.govt.nz|Nov 25, 2025|2 commentsAnnual consumers price inflation increased to 3 percent in the September quarter. However, with spare capacity in the economy, inflation is expected to fall to around 2 percent by mid-2026. Economic activity was weak over mid-2025 but is picking up. Lower interest rates are encouraging household spending, and the labour market is stabilising. The exchange rate has fallen, supporting exporters’ incomes. Global economic growth has benefited from strong AI-related investment but is expected to slow in 2026 as trade barriers weigh on activity. Risks to the inflation outlook are balanced. Greater caution on the part of households and businesses could slow the pace of New Zealand’s economic recovery. Alternatively, the recovery could be faster and stronger than expected if domestic demand proves more responsive to lower interest rates. The Committee voted to reduce the OCR by 25 basis points to 2.25 percent. Future moves in the OCR will depend on how the outlook for medium-term inflation and the economy evolve. RBNZ: LOWER INTEREST RATES ARE ENCOURAGING HOUSEHOLD SPENDING, AND THE LABOUR MARKET IS STABILISING RBNZ SEES OFFICIAL CASH RATE AT 2.25% IN MARCH 2026 (PVS 2.55%) Looks like a hawkish cut RBNZ: Inflation likely to fall to near 2% by mid-2026, supported by spare economic capacity. RBNZ minutes show the committee voted 5-1 to cut the OCR by 25 bps to 2.25%. RBNZ: After a weak mid-2025, the economy is beginning to gain momentum.
From rbnz.govt.nz|Nov 25, 2025Annual consumers price inflation increased to 3 percent in the September quarter. However, with spare capacity in the economy, inflation is expected to fall to around 2 percent by ...
