Weekly Economic and Financial Commentary: Consumers Pull Back as COVID Continues to Surge

<p>U.S. Review Consumers Pull Back as COVID Continues to Surge Retail sales fell 0.7% in December, the third straight monthly decline. Sales are still up 2.9% over the year, however. The CPI advanced 0.4% in December (1.4% over the year). Inflation remains tepid, with core prices up 0.1% in the month. Initial jobless claims jumped […]</p>
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