Consumers See Lower Inflation, Debt Default: N.Y. Fed

U.S. consumers in October grew more confident about inflation continuing to ease and in the health of the job market, and for the first time in five months they saw a lower risk of defaulting on their debt, a survey from the Federal Reserve Bank of New York showed.[#item_full_content]

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U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy’s steady growth.[#item_full_content]

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