A report released by the Commerce Department on Friday showed a modest decrease by retail sales in the U.S. in the month of January.
The Commerce Department said retail sales slipped by 0.2 percent in January after coming in unchanged in December. Economists had expected retail sales to fall by 0.4 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.