Institutional analysts believe that US retail sales data will have little impact on the FOMC policy report

According to Odaily Planet Daily, institutional analysts commented on the US retail sales data and believed that the data is unlikely to have much impact on this week's FOMC policy report.

Earlier news, U.S. retail sales unexpectedly rose in August, suggesting that the U.S. economy remained on a solid footing for most of the third quarter.

Data showed that U.S. retail sales rose 0.1% month-on-month in August, following an upwardly revised 1.1% in July.