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Wall Street Braces for Retail Sales Decline, Fed's Caution

11/2/2025

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Summary

Story summary

The economic calendar for the week starting March 17 includes key reports, such as retail sales data for February and the Federal Open Market Committee's interest rate decision on March 19.
Wall Street expects a 0.9% decline in retail sales, raising concerns about economic growth.
Fed Chair Jerome Powell is likely to keep the federal funds rate at 4.25% to 4.50% and may express caution about economic uncertainties and inflation risks during his press conference.
The Empire State Manufacturing Index and housing market data will also be monitored for trends in consumer spending and economic health.

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Story summary

The economic calendar for the week starting March 17 includes key reports, such as retail sales data for February and the Federal Open Market Committee's interest rate decision on March 19.
Wall Street expects a 0.9% decline in retail sales, raising concerns about economic growth.
Fed Chair Jerome Powell is likely to keep the federal funds rate at 4.25% to 4.50% and may express caution about economic uncertainties and inflation risks during his press conference.
The Empire State Manufacturing Index and housing market data will also be monitored for trends in consumer spending and economic health.