Financial News Review - Fed Interest Rates and Falling China
Today the IMF will publish its next six-month Global Outlook - The world needs innovation, not war. Although sometimes wars were precisely the cause of innovation.
Retail sales in the United States showed rapid growth. The economy remains strong.
Retail sales in the US increased by 0.7% m/m over the month. Economists had expected sales to increase by 0.4%. And data on retail sales in February was revised upward to 0.9% from the previous figure of 0.6%.This was the second consecutive monthly increase in retail sales, suggesting that January's 1.1% decline was an aberration rather than a...