KBRA releases research discussing solid November retail sales growth, the slowly fading labor market, and the stubborn persistence of inflation. This report examines these developments in light of still softening state sales tax receipts and the Federal Reserve's decision to further cut rates in December.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1007371

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