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US July core retail sales -0.3% MoM vs +0.2% expected; prior -0.2%.

2026-08-14

US July core retail sales -0.3% MoM vs +0.2% expected; prior -0.2%.

Other News
2026-08-14

GBP/USD climbed to a three-month high of 1.3561.

GBP/USD climbed to a three-month high of 1.3561.
2026-08-15

Chicago Fed President GOOLSBEE said recent CPI prints are encouraging but inflation remained elevated in May and June; he would need 3-4 months of June-like momentum to be confident prices are returning to a 2% target. He supports holding policy rate

Chicago Fed President GOOLSBEE said recent CPI prints are encouraging but inflation remained elevated in May and June; he would need 3-4 months of June-like momentum to be confident prices are returning to a 2% target. He supports holding policy rates in July, called inflation the biggest concern and said the economy and labor market are largely stable. He warned sustained retail weakness would be worrying given consumption’s role in the US economy. He flagged concern about a recent slowdown in productivity growth and said if AI-driven gains prove unsustainable the narrative linking AI and monetary policy would need reassessment. On reducing the number of policy meetings he has no strong view and will wait for a working-group recommendation.
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