Barkin says the rise in retail sales in January was likely helped by stimulus

The sharp rise in US retail sales in January was likely helped by fiscal stimulusRichmond Federal Reserve Chairman Thomas Barkin said Wednesday, Reuters reported.

Additional comments:

Optimistic for 2021but the recent tax package offers help. “

The vaccinated population will have a lot of repressed demand from the middle of the year “.

“Seeing a return to a normal business environment in the last third of the year, overall I am quite optimistic“.

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