[US Retail Sales Growth Slightly Higher Than Expected In September, Supporting The View That The Economy Maintained Strong Growth In The Third Quarter] On Thursday, US Retail Sales Growth Slightly Higher Than Expected In September, Supporting The View That The Economy Maintained Strong Growth In The Third Quarter. The Monthly Rate Of US Retail Sales In September Was 0.4%, Exceeding The Expected 0.3% And The Previous Value Of 0.1%. The Number Of Initial Jobless Claims In The United States For The Week Ending October 12 Was 241,000, Lower Than The Expected 260,000, And The Previous Value Was Revised Up From 258,000 To 260,000. After The Release Of Retail Sales And Initial Claims Data, Traders Expect The Federal Reserve To Reduce Interest Rate Cuts This Year. The US Dollar Index Rose More Than 20 Points In The Short Term. Spot Gold Fell By $5 In The Short Term. The Retail Sales Report Showed No Signs Of Weak Consumption, Which Reduced The Probability Of The Federal Reserve Cutting Interest Rates In November From 95% To 87%. Non-physical Retailers (mainly E-commerce) Continued To Perform Strongly, Up 7.1% From Last Year. Food Services And Beverages Also Performed Well, Up 3.7% Year-on-Year, Which Is A Good Sign Of Healthy Consumption. The Strong Sales Data Suggest That Consumption Has Been Resilient In The Face Of Rising Inflation And Higher Interest Rates. Signs Of An Economic Recovery May Not Prevent The Federal Reserve From Cutting Interest Rates Again Next Month, But Will Reinforce Expectations Of Just A 25 Basis Point Cut