U.S. Consumer Spending Cools While Inflation Tops Fed Goal
Customers shop at a Walmart Inc. store in Secaucus, New Jersey, U.S. (Photographer: Timothy Fadek/Bloomberg)

U.S. Consumer Spending Cools While Inflation Tops Fed Goal

(Bloomberg) -- U.S. consumer spending rose less than forecast in May as outlays on services fell and Americans saved more of their incomes. Inflation topped the Federal Reserve’s goal by more than ...
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