The Weekly Bottom Line: Fed Gearing Up for Another (Likely Final) Hike
U.S. Highlights Retail sales disappointed market expectations overall in June, but underneath the surface sales in the control group, which are used to calculate consumption, were much stronger, rising 0.6% on the month. Elevated mortgage rates and low inventories continue to weigh on existing home sales. The latter resumed their downward trend in June. Housing […] The post The Weekly Bottom Line: Fed Gearing Up for Another (Likely Final) Hike appeared first on Action Forex.
U.S. Highlights Retail sales disappointed market expectations overall in June, but underneath the surface sales in the control group, which are used to calculate consumption, were much stronger, rising 0.6% on the month. Elevated mortgage rates and low inventories continue to weigh on existing home sales. The latter resumed their downward trend in June. Housing […]
The post The Weekly Bottom Line: Fed Gearing Up for Another (Likely Final) Hike appeared first on Action Forex.
