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home / news releases / TLT - Wholesales Sales December 2023: Economy Too Hot For Fed Cuts

TLT - Wholesales Sales December 2023: Economy Too Hot For Fed Cuts

iShares 20+ Year Treasury Bond ETF

2024-02-08 13:30:09 ET

Summary

  • The Wholesale Trade Report provides data on sales of US Merchant Wholesalers and their inventories in December 2023.
  • Wholesaler sales are an important indicator of overall U.S. economic activity and are tracked by the National Bureau of Economic Research.
  • Inflation-adjusted wholesale sales are growing very strongly, indicating that Fed interest rate cuts should not be forthcoming.

The Monthly Wholesale Trade Report ("WTR") was published by the Census Bureau on February 8th, 2024, at 10:00 AM. This report provides data on sales of US Merchant Wholesalers' (except manufacturers' sales branches & offices) and their inventories, during the month of December 2023....

For further details see:

Wholesales Sales December 2023: Economy Too Hot For Fed Cuts
Stock Information
Company Name: iShares 20+ Year Treasury Bond ETF
Stock Symbol: TLT
Market: NASDAQ
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