US consumers lose steam, Fed price metric falls to two-year low
Inflation-adjusted spending was little changed in May and has essentially stalled since surging in the first month of 2023, portending weaker growth ahead.
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Inflation-adjusted spending was little changed in May and has essentially stalled since surging in the first month of 2023, portending weaker growth ahead.
The end of student debt forgiveness plans will have a small effect on the economy, say experts, helping to fight inflation although consumer spending may drop.
The end of student debt forgiveness plans will have a small effect on the economy, say experts, helping to fight inflation although consumer spending may drop.
The end of student debt forgiveness plans will have a small effect on the economy, say experts, helping to fight inflation although consumer spending may drop.
The end of student debt forgiveness plans will have a small effect on the economy, say experts, helping to fight inflation although consumer spending may drop.