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Shares of Companies in the Retail & Apparel Sector Are Trading Lower Amid Overall Market Weakness as August CPI Readings Showed Inflation Came in Greater Than Expected. This Has Caused Economic Concerns and Raised Expectations for More Aggressive Fed Poli

Benzinga ·  Sep 13, 2022 15:24
Shares of companies in the retail & apparel sector are trading lower amid overall market weakness as August CPI readings showed inflation came in greater than expected. This has caused economic concerns and raised expectations for more aggressive Fed policy, which could negatively impact discretionary spending.
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