Weekly Highlights
8/27– Weekly Economic Highlights
Fed Chair Jerome Powell delivered his speech at the Jackson Hole economic symposium this morning.
August 27, 2021
Fed Chair Jerome Powell delivered his speech at the Jackson Hole economic symposium this morning.
Retail sales were softer than expected in July, down 1.1% month-over-month. On a year-over-year basis, retail sales were up 15.8% in July.
While the US economic reopening theme continues, the path toward a full reopening of the economy and return to normalcy has been more uneven than many economists and CEOs were forecasting just a few months ago.
