We do not expect the data to alter the Federal Reserve’s decision to keep its policy rate unchanged at its meeting this week. … READ MORE >
U.S. retail sales
The decline in January retail sales is less concerning than it might seem
The January retail sales report is one of those rare occasions where looking at the 12-month change makes more sense than the monthly metric. … READ MORE >
U.S. retail sales continued to grow in December
American consumers ended the year on a strong note, with total retail sales rising by 0.4%, … READ MORE >
Rising demand helps U.S. retail sales top forecasts
Retail sales topped forecasts in November, growing at a robust pace for the third month in a row. … READ MORE >
U.S. retail sales decelerated in October
The mixed results in the October report should not change the likelihood that the Federal Reserve will cut its policy rate in December. … READ MORE >
September retail sales top forecasts
Retail sales for all items increased by 0.4% while the control group grew by 0.7% in September. … READ MORE >
U.S. retail sales and industrial production beat expectations
The data should temper the market’s concern about growth that has triggered calls for a 50 basis-point cut in the Federal Reserve’s policy rate at its meeting this week. … READ MORE >
Retail sales were unchanged in June but still exceed forecasts
While the economy is cooling down, we believe that the concerns over the so-called death of the American consumer have been exaggerated. … READ MORE >
Retail sales and industrial production rise in May
The soft rebound in May’s retail sales was good news, suggesting that the economy might reach a soft landing sooner than expected. … READ MORE >
CPI resumes disinflationary trend in April amid weakened retail sales
Overall CPI inflation rose by 0.3% in April, while core inflation—which excludes food and energy—also rose by 0.3%. This helped bring the year-over-year headline inflation down to 3.4% and core inflation to 3.6%. … READ MORE >