The U.S. consumer is pushing back against recession fears once again
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最新报道：U.S. consumers are defying recession concerns as retail sales rose 0.7% in June, exceeding economists' expectations of 0.4% growth, according to Commerce Department data. The resilient spending, led by strong online sales and restaurant activity, suggests continued economic momentum despite higher interest rates. While some categories like furniture and electronics saw declines, overall consumer demand remains robust, supported by a strong labor market and wage growth. Economists note this trend may prompt the Federal Reserve to maintain tighter monetary policy for longer to curb inflation.
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