US retail sales rise more than forecast
Household purchases, which account for 70% of the economy, to drive growth
US economy slowed more than expected in last quarter
Strong job market and optimism for Trump policies expected to spur growth in 2017
US manufacturing contracts on sluggish global growth
Factories cut staff as start to 2016 seen as ‘a struggle’
Weak US inflation complicates Fed rate decision
Dilemma is heatly economy juxtaposed with a disinflationary trend
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