Analyst: The overall retail sales data in the United States is weak, and the Federal Reserve FOMC meeting will discuss it

Odaily Planet Daily News: Analysts from the financial website Forexlive said that before the release of the May retail sales data in the United States, the market priced the Fed's year-end interest rate cut at 49 basis points, but after the data was released, it slightly changed to 48.5 basis points. The FOMC meeting will start on Tuesday local time and a decision will be made on Wednesday, which will be one of the data points they will discuss at the meeting. The report has shown overall weakness, but the control group is the best indicator of consumer conditions, slightly better than expected, and the previous values have also been revised upwards. Overall, this is a series of data that is currently difficult to interpret, as sales increased significantly in March due to concerns about tariffs, and then declined for two consecutive months. (Golden Ten)