[Preview: U.S. September Retail Sales Data to Be Released Tonight at 9:30 PM, May Strengthen December Rate Cut Expectations] BlockBeats News, November 25, at 9:30 PM Beijing time on Tuesday evening, the U.S. Census Bureau will release the U.S. retail sales data, often referred to as the 'scary data.' This data, delayed by over a month due to the government shutdown, is expected to show a slight slowdown in consumer spending in September. This may indicate that, after months of inflation shocks, American households may have reached their spending limit. Additionally, the risk of cooling consumer spending remains as many employers scale back hiring. According to the median forecast from Bloomberg's survey, economists expect retail sales in September to grow by 0.4%, following a 0.6% increase in the previous month. Bloomberg economists noted that labor market conditions slightly improved after hitting a low point in the summer. However, the partial federal government shutdown in October brought new shocks to hiring and consumer spending. 'Overall, we believe the Federal Reserve can cut rates in December, and it likely should do so to sustain the fragile recovery that began in the summer.'