BFM 89.9
The Business Station
BFM 89.9
The Business Station
US Consumer Holding Up Despite Jobs Weakness
US Consumer Holding Up Despite Jobs Weakness
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21 mins
8 mins
Guest: Michele Schneider, Chief Strategist, Market Gauge
US retail sales expanded by 0.6% in August, contradicting expectations of a consumer slowdown given softness in the labour market. How much will this weigh on the Fed's monetary policy trajectory? We discuss this and other trends with Michele Schneider of Market Gauge.
Image Credit: Shutterstock.com
Presenter: Shazana Mokhtar, Philip See, Elaine Boey
Producer: Natalie Tan
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