WASHINGTON (Reuters) - U.S. consumer spending rose in October, but still benign inflation pressures offered a cautionary note for the Federal Reserve as it weighs the future of its bond-buying program.
Similar Stories to Consumer Spending Rises, But Inflation Muted on Bing News
Reuters: Business News, Reuters: Business
Fri, 12/06/2013 - 6:35am
BING NEWS:
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UK economic growth slowed between July and September, according to official data, in a blow to Chancellor Rachel Reeves. Gross domestic product (GDP) grew by 0.1% over the period, versus 0.5% ...
11/14/2024 - 6:01 pm | View Link - Officials hope inflation reports keep rate cuts on track
Interest-rate jitters are weighing on markets, but a Fed official thinks inflation seems control. Here's what happens next.
11/13/2024 - 2:24 pm | View Link - Inflation is up modestly but economists say not to fret
In the New York area, consumer prices rose 4%, year over year, due to the higher cost of electricity, housing, recreation and food, the federal Bureau of Labor Statistics reported on Wednesday.
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The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the ...
11/13/2024 - 8:28 am | View Link - Vietnamese spending on concerts, fine dining rises faster than Southeast Asian peers
Vietnamese spent 42% more on concerts, vacations, fine dining, and festivals this year, higher than the Southeast Asian average of 35%, a survey has found.
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