US Retail Sales Ex Gas/Autos MoM (Feb) M/M 0.4% (Prev. 0.3%)
Context
The 0.4% month-over-month increase in US retail sales excluding gas and autos for February reflects a modest improvement from the previous 0.3% print. This uptick suggests underlying consumer strength, which may prompt considerations for a more hawkish stance in monetary policy as it indicates resilience in consumer spending amidst broader economic conditions.
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