US consumer spending surges in April; inflation heats up

US consumer spending surges in April; inflation heats up

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[1/2] A shopping cart is seen in a supermarket in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/ WASHINGTON, May 26 (Reuters) - U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second quarter, and inflation picked…

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