U.S. consumer spending retreats in February; inflation cools

Capt. John

U.S. consumer spending rose moderately in February, and while inflation cooled, it remained elevated enough to possibly allow the Federal Reserve to raise interest rates one more time this year. The slowdown in consumer spending reported by the Commerce Department on Friday followed the largest...

https://www.hellenicshippingnews.com/u-s-consumer-spending-retreats-in-february-inflation-cools/

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