U.S. Economy
US Retail Sales Control Group MoM (Jun) M/M 0.5% vs. Exp. 0.5% (Prev. 0.7%, Low. -0.1%, High. 1.1%)
StockNow breaking-news AI analysis
June retail control group growth of 0.5% matched expectations, showing resilient consumption. The Fed remains cautious as high energy prices and K-shaped spending patterns complicate the inflation outlook.
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