In January, retail sales in the United States fell by 0.8% compared to the previous month, marking the largest decline in nearly a year
In January, retail sales in the United States fell by 0.8% month-on-month, the largest decline since March 2023, expected to decrease by 0.1%, with a previous increase of 0.6%. After the release of retail sales data, pricing in the swap market reflects that the Federal Reserve is expected to implement more policy easing in 2024.
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