U.S. Retail Sales and Federal Reserve’s September Rate Decision Loom Next Week

According to Jinshi, the U.S. will release the much-anticipated monthly retail sales rate, often referred to as "horror data," on Tuesday. This critical metric will provide insights into consumer spending and overall economic health.Additionally, the Federal Reserve is set to announce its September interest rate decision at 2 a.m. on Thursday. Market expectations remain split, with a 50% chance for both a 25 basis point and 50 basis point cut. This upcoming decision is shaping up to be one of the most uncertain Federal Reserve meetings in recent years. All eyes will be on these key economic indicators next week.