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3 Stocks to Watch on Soaring Restaurant Sales Amid Price Challenges
ZACKS·2025-07-30 21:01

Retail sales also rose 0.6% sequentially in June after unexpectedly declining in the prior month. Inflation has eased over the past few months, but uncertainty over President Donald Trump's tariffs, as the Aug. 1 deadline nears, has raised concerns about the impact of the duties on the nation's economy. Solid retail sales, driven by a surge in spending at restaurants, will provide the Federal Reserve with cover to keep its interest rates unchanged in the range of 4.25-4.5% at its two-day July policy meeting ...