Weak spending, inflation data point to soft US economy – Reuters
Bloomberg |
Weak spending, inflation data point to soft US economy
Reuters WASHINGTON (Reuters) – U.S. consumer spending barely rose and inflation was tame in July, offering a cautionary note on the economy as the Federal Reserve weighs cutting back its massive bond-buying program. Spending, which accounts for more than … Growth Beats Estimate as U.S. Weathers Budget Cuts: Economy US economy grew at revised 2.5 percent annual rate in April-June quarter … Economy Was Stronger Than Thought In Second Quarter |
