US personal spending rose in August by more than forecast as underlying inflationary pressures held steady. Inflation-adjusted consumer spending rose by 0.4% for a second month. The core personal consumption index rose 0.2% from July. Bloomberg's Michael McKee breaks down the data and how it's impacting the Federal Reserve and economy.
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US Personal Spending Rises More Than Expected in August
Published 1 month ago
Sep 26, 2025 at 1:59 PM
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