US Retail Sales to Bring Clarity After Fedspeak Confusion

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Strong Consumer Demand Needed to Make Case for Interest Rate Hike in December A day ahead of the release of the U.S. retail sales figures six Federal Open Market Committee (FOMC) members delivered speeches that were seen as hawkish, dovish and something in between. The market expectation as measured by the CME FedWatch tool puts the rate hike at 69.8 percent probability but as usual Fed members comments confused markets more than reassured them on the final outcome on December 16. U.S. retail

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