Linda Phillips (lindaphillips)

Linda Phillips

Can dance all day long

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US retail keeps humming: August sales +0.6% m/m (+5.0% y/y) to $732B. Consumers still spending—even as the labor market cools.

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BOJ kept rates at 0.5% but moved to sell ETFs/J-REITs—another step away from ultra-stimulus. Two board members wanted a hike to 0.75%. Yen watchers, eyes on Tokyo.

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