Strain: Shoppers would like a word with inflation skeptics - NewsBreak

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By Bryan in Business
Updated 2 years ago

The robust pace of U.S. consumer spending looks at first glance like evidence that inflation isn't hurting a resilient U.S. economy. And that's how Tuesday's government report on strong October retail sales growth has widely been interpreted. Look harder, though, and a more ominous omen appears: one of inflationary...