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High points for economic data scheduled for November 27 week
Two questions will dominate in the November 27 week. First, how is the 2023 winter holiday shopping season shaping up? Second, will the FOMC raise rates again at the December 12-13 meeting. This week there may be more reliance on anecdotal evidence than economic reports, but both will affect how the current year ends for businesses and consumers. At this writing it is too soon to say what the retail landscape looks like. Retailers – online and brick-and-mortar – are advertising aggressively. Mild weather in many parts of the country may encourage shoppers to get out to outlets and there could be a benefit to ... (full story)