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2023 Top 500 ranking: 79

Higher Prices Haven’t Spooked U.S. Consumers Yet

Higher Prices Haven’t Spooked U.S. Consumers Yet

Solid U.S. retail sales and better-than-feared Q3 earnings suggest slowing but still-resilient consumer spending, which should support core inflation and keep the Fed on a hawkish path. Notable U.K. leadership changes gave markets a reprieve, though policy direction is uncertain.

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