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Consumer Confidence Falls as Interest Rates Rise

Michael Krasny
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 (Scott Olson/Getty Images)

Consumer confidence fell this month to its lowest level since April amid rising interest rates and lower-than-expected retail sales. Is the economic recovery losing momentum? We discuss the latest economic indicators.

Guests:

Christopher Thornberg, founding partner of Beacon Economics, an independent economic research and consulting firm headquartered in Los Angeles

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