U.S. core retail sales (monthly rate) in July fell short of expectations: -0.3% vs 0.2%

U.S. July core retail sales fell 0.3% MoM, missing the 0.2% forecast. The weak consumer momentum suggests easing liquidity pressure and potential policy shifts toward accommodation.

U.S. core retail sales rose at a monthly rate of -0.3% in July, lower than the expected 0.2% and the previous value of -0.2%. The data indicate a significant slowdown in consumer momentum, with the deviation from expectations suggesting reduced pressure for tighter liquidity, potentially leading to a shift toward more accommodative policies.