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Moderate US consumer spending, inflation back Fed rate cut

US consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade. The report from the Commerce …Read more


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Moderate US consumer spending inflation back Fed rate cut

WASHINGTON US consumer spending and prices rose moderately in June pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade The report from the
Read more

Moderate US consumer spending inflation support rate cut

WASHINGTON Reuters – US consumer spending and prices rose moderately in June pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates
Read more

US consumer spending prices rise moderately

US consumer spending and prices rose moderately in June The data pointed to slower economic growth and benign inflation that could see the Fed cutting interest The economy grew at a 21 rate last quarter pulling back from the first quarters
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Moderate US consumer spending inflation support rate cut

WASHINGTON Reuters – US consumer spending increased moderately in May and prices rose slightly pointing to slowing economic growth and benign inflation pressures which could give the Federal Reserve ammunition to cut interest rates next month
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WRAPUP 2-Moderate US consumer spending inflation support rate cut

US consumer spending increased moderately in May and prices rose slightly pointing to slowing economic growth and benign inflation pressures which could give the Federal Reserve ammunition to cut interest rates next month The report from the Commerce
Read more

WRAPUP 2-Moderate US consumer spending inflation back Fed rate cut

The economy is also facing headwinds from a bitter trade war between the United States the Feds rate decision US Treasury prices dipped and stocks on Wall Street were trading down LOWER GROWTH PATH When adjusted for inflation consumer spending
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