Fed's Favorite Inflation Indicator Unexpectedly Surges As Personal Spending Jumps
Sep 30th 2022 8:54am EDT
Fed’s Favorite Inflation Indicator Unexpectedly Surges As Personal Spending Jumps There goes any hope that despite the US economy sliding into a recession and global markets turmoiling, that inflation would finally relent. Moments ago the BEA reported that in August, personal income and spending came in 0.3% and 0.4%, respectively, the former in line with […]
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