The simplest way to explain interest rates is that it’s the cost of money. When policymakers cut interest rates, the objective is to lower the cost of money. This translates into higher consumption and investment spending in the economy and GDP growth accelerates. Specific to the United States, consumption spending is one of the key GDP growth drivers. Within that, retail sales are an important catalyst. In this article we will look at some of the best retail stocks to buy. U.S. GDP decelerated in Q1 2024 a ...