Solid U.S. retail sales ease economic growth concerns
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WASHINGTON (Reuters) - U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth.The report from the Commerce Department on Friday could further allay financial market concerns of a recession, which have been fuelled by a year-long trade war between the United States and China as well as slowing global growth.Still, the Federal Reserve is expected to cut interest rates again next Wednesday to..