US Retail Sales MoM (Jun) M/M 0.2% vs. Exp. 0.2% (Prev. 0.9%, Low. -0.4%, High. 1.0%)

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U.S. retail sales for June increased by 0.2% month-over-month, matching market expectations. While this reflects a slowdown from the previous 0.9%, it indicates that the consumer market maintains a moderate growth trend. Investors are interpreting this data as a reconfirmation of a soft landing for the U.S. economy, keeping a close watch on future Fed rate decisions.

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The 0.2% growth in retail sales suggests that despite inflationary pressures, household spending remains resilient.

This stability provides a buffer for the broader economy, supporting the outlook that a sudden recession is unlikely, though persistent demand keeps the pressure on the Fed to maintain high rates.

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