Daily Archives: October 7, 2021

Consumer Spending Rose as Inflation Held Firm in August

Posted on October 7, 2021 by Camron Hoorfar

Inflation held firm in August as consumer spending rebounded sharply from a July decline, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) index, the Federal Reserve’s preferred gauge of consumer price growth, rose 0.4 … Continue reading →

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