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Retail Sales Leap By Nearly 18%; Powell Begins Testimony To Congress
ResumeRetail sales beat economists predictions by more than double, rising nearly 18% in May after falling 15% in April. Meanwhile, Federal Reserve Chairman Jerome Powell is testifying Tuesday and Wednesday before Congress.
Here & Now's Jeremy Hobson talks to Roben Farzad, host of Public Radio's Full Disclosure at member station VPM.
This segment aired on June 16, 2020.