Consumer spending rebounded in February, but inflation is still above target

Consumer spending rebounded in February, but inflation is still above target

41 days ago


Americans increased their spending last month after taking a breather in January, while inflation was a mixed bag, new Commerce Department data showed Friday. As it stood in February, America’s economic foundation remained fairly solid. However, the latest data doesn’t include the elephant in the room: President Donald Trump’s aggressive trade policy.

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