Earlier this month, the central bank predicted fewer rate cuts next year than it had previously indicated, suggesting concern that inflation may prove more difficult to bring under control than policymakers thought just a few months ago. สล็อต เว็บตรง
Lower interest rates typically stimulate economic activity by making it easier for consumers and businesses to borrow, which in turn fuels investment and spending. However, interest rate cuts usually influence the economy after a lag of several months, meaning the recent lowering of rates likely had little impact on holiday spending. สล็อ�
The increase in holiday spending coincided with an initial bout of relief for borrowers, as the Federal Reserve cut interest rates by a total of one percentage point over the final few months of the year. However, interest rates still stand at a historically high level of between 4.25% and 4.5%. สล็อต
"The holiday shopping season revealed a consumer who is willing and able to spend but driven by a search for value as can be seen by concentrated e-commerce spending during the biggest promotional periods," Meyer added. สล็อต เว็บตรง
Jewelry sales grew more than any other product category, climbing 4% compared to last year, the data showed. Spending on apparel and electronics also climbed at a solid pace. สล็อตเว็บตรง