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Drop in U.S. consumer spending clouds Fed rate hike outlook
Drop in U.S. consumer spending clouds Fed rate hike outlook
WASHINGTON (Reuters) - U.S. consumer spending unexpectedly fell in August for the first time in seven months while inflation showed signs of accelerating, mixed signals that could keep the Federal Reserve cautious about raising interest rates.http://feeds.feedburner.com/~ff/reut...?d=yIl2AUoC8zA http://feeds.feedburner.com/~ff/reut...Mg:F7zBnMyn0Lo http://feeds.feedburner.com/~ff/reut...Mg:V_sGLiPBpWU http://feeds.feedburner.com/~r/reute...~4/Ts1H2A38c_w |
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