Gift cards on display near a check out at an Aldi Store. The German chain is known for low prices on its private-label items, and it now plans to spend US$3.4 billion over the next five years to open 900 supermarkets, the company said in June. Photographer: Daniel Acker/Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

US personal consumption levels catch Fed’s eye as it considers next policy moves

The proposed expansion of discount chains such as Germany’s Aldi and Lidl in the United States, isn’t easily ignored

TOP PICKS

Gift cards on display near a check out at an Aldi Store. The German chain is known for low prices on its private-label items, and it now plans to spend US$3.4 billion over the next five years to open 900 supermarkets, the company said in June. Photographer: Daniel Acker/Bloomberg
READ FULL ARTICLE