United States Redbook index (MoM) climbed from previous -1.3% to -1.2% in September 11

Rob Carnell, Research Analyst at ING, notes that the US advance retail sales for August is one of the last important releases prior to the FOMC meeting on September 17th, and though the figures, once adjusted for prior revisions, are roughly in line with consensus, this comes across as a fairly ordinary result, not one that will encourage any wavering FOMC doves to switch their vote to a September hike.