Consumer confidence fell this month to its lowest level since April amid rising interest rates and lower-than-expected retail sales. Is the economic recovery losing momentum? We discuss the latest economic indicators.
Consumer Confidence Falls as Interest Rates Rise
Consumer confidence fell this month to its lowest level since April amid rising interest rates and lower-than-expected retail sales. Is the economic recovery losing momentum? We discuss the latest economic indicators.
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Guests:
Christopher Thornberg, founding partner of Beacon Economics, an independent economic research and consulting firm headquartered in Los Angeles