Inflation Weighed on Consumer Spending Growth in February - The Wall Street Journal
3/31/2022 12:00:00 AM3 years 11 months ago
by Gabriel T. Rubin
by Gabriel T. Rubin
Annual inflation rose to 6.4% using the Federal Reserve’s preferred gauge
Consumer spending growth, a key engine of the economy, slowed sharply in February, as the Omicron surge of Covid-19 eased and inflation accelerated amid Russias invasion of Ukraine. U.S. households … [+237 chars]
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