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US retail sales and PPI help cement expectations of stable Fed policy – ING

By : Mex Group

US retail sales and PPI help cement expectations of stable Fed policy - ING

16 September 2016, 07:02

James Knightley, Senior Economist at ING, notes that the US retail sales undershot expectations, falling 0.3%MoM, while PPI showed pipeline price pressures remain limited, meaning little need for urgent Fed policy action.

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