美国经济：零售和工业走弱，联储将保持观望

Economic Overview - In May, U.S. retail sales fell by 0.9%, worse than the expected decline of 0.6%, primarily due to a drop in automotive and parts consumption[4] - Industrial production decreased by 0.2% in May, below the market expectation of 0%, with utilities experiencing a significant drop of 2.9%[4] Retail Sector Insights - Automotive sales continued to decline, dropping from 5.3% in March to -3.5% in May, reflecting a weakening demand for durable goods[4] - Non-durable goods consumption showed signs of recovery, with clothing and online shopping sales increasing from 0% and 0.4% in April to 0.8% and 0.9% in May, respectively[4] Inflation and Federal Reserve Outlook - Inflation is expected to rebound in Q3 due to rising oil prices and tariff impacts, despite a general economic slowdown[1] - The Federal Reserve is anticipated to maintain interest rates steady in June and July, with potential rate cuts in September and either November or December[1]