Rate cuts to start materializing by mid-year
The figures reflect a slowdown in consumers' willingness to spend after a blowout summer
Slowing forecasts diverge as the growing pain of higher rates plays out
How to bring 401(k)s and IRAs north of the border
Still, the Federal Reserve chair didn't rule out another increase
A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates
Geopolitical conflicts and inflation remain at the forefront of American consumers' minds
The result came amid higher prices and interest rates
Strong sales suggest the economy may not slow as much in the final three months of the year as previously expected
But prices continue to rise faster than is consistent with the Fed's 2% target