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related to: consumer spending, inflation
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Tokyo CPI inflation grows as expected in May, but remains sluggish
Investing.com via Yahoo Finance· 7 hours agoInvesting.com-- Tokyo consumer price index inflation grew as expected in May amid some pick-up in spending, but still remained around ...
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
NBC Universal via AOL· 6 hours agoU.S. consumers and businesses alike have turned cautious about spending this year because of...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 3 hours agoThe benchmark 10-year US Treasury yield...Thursday’s indicators point to some economic pressure...
Retail sales were unchanged in April from March as inflation and interest rates curb spending
CBS News· 2 hours agoAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome ...
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
PYMNTS.com· 4 hours agoBrian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened ...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
FOX30 / CBS47 Jacksonville· 3 hours agoConsumer spending rose but at a slower pace than previously thought, a sign that high interest rates...
Consumers curb US economic growth in first quarter, inflation cools
Reuters via Yahoo Finance· 14 hours ago(Reuters) -The U.S. economy grew more slowly in the first quarter than previously estimated after...
GDP shows U.S. economy grew 1.3% in the first quarter as consumer spending slowed
Market Watch· 14 hours agoThe biggest contributors to the tepid GDP report were a wider trade deficit and lower production of...
Q1 GDP revised down on lackluster consumer spending
FOX Business· 6 hours agoThe second estimate for real gross domestic product (GDP) in the first quarter of 2024 was revised downward, according to the Bureau of Economic Analysis...
The American shopping spree is losing steam
CNN Business via AOL· 7 hours agoIt’s becoming tougher and tougher for Americans to carry on with their spending spree. Years of elevated inflation and the highest interest rates in...
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related to: consumer spending, inflation