WASHINGTON (AP) Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed.
Fridays report from the C… [+5247 chars]
US consumers remained cautious about spending last month as inflation ticked higher - The Associated Press
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt. Americans’ spending rebounded in February after a fall last month and incomes increased. Friday’s report from the Commerce…
By:Christopher Rugaber
Source:Associated Press
Published:
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