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Weak U.S. retail sales cast shadow over slowing economy

WASHINGTON (Reuters) - U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.

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by Anonymousreply 5October 18, 2019 5:58 PM

How low can these rates go? The banks are loving it.

Free money!

by Anonymousreply 1October 17, 2019 1:50 PM

Nobody wants to buy any of the crap.

by Anonymousreply 2October 17, 2019 1:58 PM

But we were promised new factories!

by Anonymousreply 3October 17, 2019 2:00 PM

My financial planner told me that there will be a recession 8-12 months from now.

by Anonymousreply 4October 17, 2019 2:49 PM

I’m think more like right after Christmas. Like around January when retail and food service plummet.

by Anonymousreply 5October 18, 2019 5:58 PM
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