Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag U.S. consumer spending edged up 0.1% in January amid persistent inflation and weak economic growth.

flag U.S. consumer spending rose 0.1% in January after inflation, according to the Bureau of Economic Analysis, reflecting weak growth amid persistent inflation. flag The core PCE price index, the Fed’s preferred inflation measure, rose 0.4% month-over-month, signaling ongoing price pressures. flag Revised fourth-quarter GDP showed slower growth due to declines in consumer, business, government spending, and exports. flag Despite strong spending in health care, housing, and insurance, economic momentum remains fragile. flag Higher energy prices from the Iran conflict and a weak job market raise concerns. flag The Federal Reserve may delay rate cuts if inflation stays elevated.

36 Articles