Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
Tag: Consumer Behavior
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Ozempic Can’t Fix What Our Culture Has Broken
When women say that it is better to be sick and thin than healthy and fat, they are perfectly rational.
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Inflation Measure Favored by the Fed Cooled in August
The Personal Consumption Expenditures Index climbed more slowly, after cutting out food and fuel prices for a sense of the underlying trend.
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What to Watch at the Fed’s September Meeting
The Federal Reserve is unlikely to declare victory in its war on inflation. But investors will watch for any hint that rate increases might be over.