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📊 U.S. November Core Retail Sales Data Just Released
Core retail sales climbed 0.5% month-over-month, surpassing analyst expectations of 0.4% growth. The previous month had recorded only 0.2% expansion.
This stronger-than-expected consumer spending figure could influence Fed policy considerations moving forward. Traders and portfolio managers are closely monitoring how this data shapes monetary policy expectations, with direct implications for risk asset valuations including cryptocurrencies.
The resilience in retail spending adds another data point to the broader economic picture—particularly relevant for those tracking macro trends that drive market cycles and asset allocation strategies.