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🚨 Retail Spending Rises—but Inflation Fears Doom Rate Cuts
🚨 Retail Spending Rises—but Inflation Fears Doom Rate Cuts
🚨 BREAKING: Despite **July retail sales rising 0.5%**, strong spending is overshadowed by soaring inflation fears. Consumer sentiment plunged in August as prices expectations jumped—making the case for upcoming Fed rate cuts much more difficult.
In this episode of **Patriot Radio News Hour**, Joe and Jason reveal:
• U.S. retail sales rose a healthy **0.5%**, powered by auto demand and retailer promotions—suggesting resilience in consumer activity :contentReference[oaicite:1]{index=1}
• But consumer sentiment crashed to **58.6**, with 12-month inflation expectations surging to **4.9%**—the sharpest rise since April, igniting anxiety about sustained price hikes :contentReference[oaicite:2]{index=2}
• The clash: robust spending meets consumer alarm—and economists warn that rising long-term inflation expectations will delay or dismiss rate cuts :contentReference[oaicite:3]{index=3}
• Will these cost pressures begin to flow through to store shelves—and will consumers buckle under the weight of rising prices? The answer could define the economic narrative ahead.
🚀 **TEXIT (TXC) Update:**
In just 6 months, **TEXIT has jumped 350%+**. Current Price: **$2.11 USD**. Built on Polkadot, capped at 353M tokens, TEXIT remains the go-to crypto hedge as inflation flares and central bank actions grow murky.
#RetailSales #InflationSpikes #ConsumerFear #RateCutUnlikely #GoldSilverCrypto #TEXIT #TXC #PatriotRadioNewsHour #JoeAndJason #MarketAlert
Welcome to **Patriot Radio News Hour**—where real data meets real strategy. We help you navigate the economic contradictions of now.
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