
US consumer spending jumped in April and inflation accelerated
Consumers increased their spending sharply last month and inflation accelerated, fresh data showed Friday, as the Federal Reserve debates whether to raise interest rates in June and as negotiators race to meet a debt-ceiling deadline. Consumer spending, the primary driver of economic growth, rose…
#federalreserve #commercedepartment #gregorydaco #eyparthenon #sanfranciscofed #bestbuy #dickssportinggoods #deandowney #downeybrewing #dearborn