US CPI Expected to Cool, Retail Sales to Soften
Next week's headline CPI reading is expected to decline, driven by lower energy prices. Retail sales are also forecast to soften, partly due to falling gasoline costs.
The upcoming economic data releases point to a cooling in US inflation and consumer spending. Headline CPI is anticipated to ease, reflecting a drop in energy prices.
Retail sales are also projected to weaken, with lower gasoline prices contributing to the slowdown. These figures could influence the Fed's policy outlook.
Market participants will watch the data closely for signs of a moderating economy.
Source: FXStreet Forex News