Fed’s Yellen aims to let ‘healthy’ US economy coast along

The Federal Reserve’s plans to raise U.S. interest rates gradually are aimed at sustaining full employment and near-2-percent inflation without letting the economy overheat, Fed Chair Janet Yellen said on Monday.
“I think we have a healthy economy…

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Brexit – UK data: BRC Sales (like-for-like, March): -1.0% y/y (expected -0.3%)

Data from the British Retail Consortium
BRC Sales (like-for-like) March: -1.0% y/y
– expected -0.3%, prior -0.4%
– sharpest decline since August 2015

Non-food retail sales fell by 0.8% on a total basis in the January-March period

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NZ data – March Retail Card Spending -0.3% m/m (expected +0.5%)

New Zealand electronic card spending data for March
Retail -0.3% m/m
– expected +0.5%, prior -0.6%
– Spending fell in three of the six retail industries in March
Total, +0.5%

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