Three Charts About What's Weighing on the Fed

The video discusses steady growth in consumer spending and highlights the significant rise of non-store retailers, which have surpassed 10% of total retail sales. It also examines global yield trends, particularly the decline in Treasury yields, and the implications for Fed policy. Concerns over global economic growth, Brexit, and inflation expectations are addressed, with a focus on the Fed's dot plot and its impact on future interest rate hikes.

What has been the trend in consumer spending over the past year according to the text?

What significant milestone did non-store retailers achieve in April?

What concerns are mentioned regarding the global economy?

How does the text describe the current state of inflation expectations?

What does the text suggest about the Fed's outlook on inflation?