www.foxbusiness.com
U.S. economic data indicates strengthening consumer activity on Main Street. Average weekly earnings rose 1.42% in 2025 after inflation, driving retail sales up 3.3% year-over-year in November. Additionally, lower interest rates have spurred the housing market, with existing home sales increasing 5.1% in December as mortgage rates dropped to 6.19%. However, challenges persist: inflation remains elevated at 2.7%, well above the Fed’s 2% target. While the labor market is sluggish, the Fed is currently expected to hold interest rates steady amid this balancing act between stable prices and economic growth.
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