U.S. inflation, consumer spending ticks up to end 2024
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
Barron's8mon
Inflation Is Stuck. A Drop in the Rate Needs to Be Big.
Economists expect the personal-consumption expenditures price index to climb 2.7% year over year in April. (Photo by FREDERIC J. BROWN/AFP via Getty Images) The April reading of the Federal ...