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https://www.reuters.com/markets/us/us-consumer-spending-beats-expectations-april-inflation-picks-up-2023-05-26/
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Strong US consumer spending, inflation readings put Fed in tough spot - Reuters
5/26/23 at 7:14pm
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Reuters
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Business & Industrial
Business News
U.S.
Fed
Reuters
U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second quarter, and inflation picked up, which could prompt the Federal Reserve to raise interest rates again next month.
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