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Reuters

US Consumer Spending Strong; Core Inflation Warmer on Services

2022-06-10T000000Z_1058534029_RC26PU9D5WIB_RTRMADP_3_USA-ECONOMY

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Reuters

12:01 JST, August 30, 2025

WASHINGTON, Aug 29 (Reuters) – U.S. consumer spending increased by the most in four months in July while services inflation picked up, but economists did not believe strong domestic demand would prevent the Federal Reserve from cutting interest rates next month against a backdrop of softening ...

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