Deep Tide TechFlow News, June 17, according to Jinshi Data reports, analysts from the financial website Forexlive stated that before the release of the U.S. May retail sales data, the market priced in a 49 basis point rate cut by the Federal Reserve by the end of the year, which slightly changed to 48.5 basis points after the data release. The FOMC meeting will make a rate decision at 2 AM Beijing time on Thursday, and the retail sales data is one of the important data points for the meeting discussion. The report overall showed weak performance, but the control group is the best indicator of consumer conditions, which was slightly better than expected, and the previous value was also revised upward. Overall, this is currently a difficult data set to interpret, as concerns over tariffs in March led to a significant increase in sales, followed by declines for two consecutive months.