U.S. retail sales month-on-month for May will be released tonight. If it falls short of expectations, it may increase bets on The Federal Reserve (FED) cutting interest rates.

GateUser-6433627c · 2025-06-17T11:46:25+00:00

The US retail sales data for May will be released tonight, with an expected month-on-month decrease of 0.6%. If the decline exceeds expectations, it may increase market expectations for a rate cut by The Federal Reserve (FED). Currently, the market generally anticipates two rate cuts this year.

GateUser-6433627c

2025-06-17 11:46:25

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On June 17, the monthly rate of US retail sales for May will be released at 20:30 tonight, with a previous value of 0.1% and an expectation of -0.7%. Konstantinos Chrysikos, head of customer relationship management at Kudotrade, believes that a larger-than-expected decline in US retail sales data could strengthen bets on the Fed to cut interest rates. Market participants are now expecting two rate cuts by the Fed this year, the data showed. The Wall Street Journal survey showed that U.S. retail sales were expected to fall 0.6% month-on-month in May, compared to a 0.1% increase in the previous data. ( gold ten )

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