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Retail sales tumble more than expected in March as consumers pull back on spending

Por: Fox Business Business April 14, 2023

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Former IMF chief economist Kenneth Rogoff joined ‘Mornings with Maria’ to discuss the U.S. economy as the Federal Reserve continues to fend off inflation.  Americans pulled back on spending at retail stores in March as demand cooled sharply in the face of banking turmoil, persistent inflation and high interest rates. , a measure of how much consumers spent on a number of everyday goods, including cars, food and gasoline, tumbled 1% in... + full article



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