We expect the Fed to raise rates just once this year — likely in December — and to proceed cautiously given the unevenness of the domestic economic recovery, as highlighted by
weak retail sales data released last week, and global growth uncertainties.
Not exact matches
Sterling has fallen on
weaker - than - expected inflation and
retail sales data and comments from BOE Governor Mark Carney on Thursday, which traders interpreted as the BOE's being less committed to raising rates in May due to recent «mixed»
data.
As a result of
weaker sales in the wake of the
data breach, the third largest U.S.
retailer also cut its fourth - quarter adjusted earnings per share (EPS) forecast for its U.S. operations to $ 1.20 to $ 1.30, from $ 1.50 to $ 1.60.
Treasury bond prices rallied and yields on the 10 - year fell to between 2.8 % and 2.85 % following the release of benign inflation
data and
weaker - than - expected
retail sales figures.
Harlan Levy: From the most recent
data, including robust
retail sales, slightly declining consumer confidence, and
weak manufacturing, what is keeping the U.S. economy recovering at its subpar pace?
These fluctuations were large relative to actual economic and policy surprises, as the only notable negative piece of news that day was the release of somewhat
weaker than expected
retail sales data for the United States one hour before the event.