Next Key Indicator to Monitor as Wall Street Anticipates ‘No Landing’ Scenario for the U.S. Economy

The outlook for the U.S. economy is experiencing heightened scrutiny as investors closely watch retail spending patterns amidst rising odds of a “no landing” scenario. This term refers to a situation where robust economic growth simultaneously fuels inflation, hindering the Federal Reserve’s ability to implement interest rate cuts. Analysts from Bank of America anticipate that...