Business News: Steady Sales, Tame Prices Keep Recovery on Course
April 12, 2002 01:28 PM ET

By Jonathan Nicholson

WASHINGTON (Reuters) - A modest gain in March retail sales, along with a relatively tame report on wholesale prices, show the U.S. economy expanding slowly but steadily, a pace that should keep the pressure off the Federal Reserve to raise interest rates soon.

No comments:

Post a Comment