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Retail Sales & PPI Reveal Softening Activity

South State Correspondent

Retail Sales & PPI Reveal Softening Activity. The Bank of Japan decided not to widen the band on its Yield Curve Control policy for their 10yr bond from the current -50bps +50bps range. The first of those is retail sales for December which declined by 1.1%. The so-called core retail sales rate, or Control Group, dipped 0.7%

Retail 195
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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

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Testing Monetary, Fiscal Policy As ‘This Time Is Different’

PYMNTS

But underneath it all, the challenges are different this time around: “Back then, the near-collapse of the financial system froze credit and spending; the goal of monetary policy was to restart both,” Bernanke and Yellen wrote. Bailouts seem to be on the way, too, as in the U.S.,

Policies 140
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Retail 2022: Digital Taps Pent-Up Consumer Demand

PYMNTS

For retailers, it is a time of reexamination. Digital-first or digital-native retailers made it so. Retail’s own performance reflected that shift. The conversations in retail boardrooms and war rooms in November of 2021 will center on how to direct some of that pent-up demand their way. and Brazil.

Retail 295
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Decoding the market for inflation risk

BankUnderground

Understanding where the market thinks inflation is headed is crucial for policymakers, investors, and anyone who wants to keep their financial ducks in a row. They are like the crystal ball of inflation expectations, allowing traders to hedge against inflation risk and giving us a peek into the minds of market participants.

Marketing 114
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Google, DTC Retailers Form Advocacy Group

PYMNTS

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. It foresees a short-term evolution of retailing to an all-DTC world. The white paper also aims right at the Digital 3.0

Google 150
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Adapting lending policies in a ‘negative-for-long’ scenario

BankUnderground

Over the past decade, several central banks have cut policy rates below zero. These are unlikely to work in the same fashion as rate cuts in positive territory, because of difficulties with charging negative interest rates on retail deposits, and because of banks’ negative return on excess liquidity.