US Retail Sales YoY (Dec) Y/Y 2.4% (Prev. 3.3%)

The December US Retail Sales YoY growth of 2.4% marks a noticeable slowdown from the previous 3.3%, suggesting a potential softening in consumer spending momentum.

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Bank of America (BAC) CEO feels good about markets and IB

US Retail Sales YoY (Dec) Y/Y 2.4% (Prev. 3.3%)

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Context

This miss could influence market expectations on economic resilience, directly impacting policy outlooks and interest rates, especially if it aligns with broader concerns over inflation or growth. Overall, this data point may lead investors to reassess their positions in risk assets and the USD.

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