金十数据|2月 11, 2026 07:10
[Weak U.S. Retail Sales Data Boosts Fed Rate Cut Expectations] Jin10 News, February 11 – Overnight, weak U.S. retail sales data caused the U.S. Dollar Index (DXY) to weaken, and market expectations for a Federal Reserve rate cut have risen. Swissquote senior analyst Ipek Ozkardeskaya stated, 'This time, U.S. consumer spending may truly be weakening.' She pointed out that although large-scale AI investments will undoubtedly remain a significant driver of economic growth, they may not necessarily create more jobs on a net basis. Ozkardeskaya said, 'If this is indeed the case, the U.S. economy will exhibit a dual-speed growth pattern, which will require policy support from the Federal Reserve to make the overall economy "feel better".' She added that this is also the reason why the two-year U.S. Treasury yield, which most reflects Fed policy expectations, has fallen to a three-and-a-half-year low, while the dollar has weakened.
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