Press Release|Public Finance

KBRA Releases Research – Retail Sales Lag Inflation Again in Many States

2 Aug 2024   |   New York

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KBRA releases research discussing the continuing gap between retail sales growth and inflation across many states. The report examines this trend against a backdrop of resilient Q2 2024 GDP growth, a strong but slowing employment market, and the Fed's recent decision to hold interest rates steady following its July 30-31 meeting, while hinting at a potential rate cut in September.

Click here to view the report.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1005350

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