30/08/18

Fed's Preferred Inflation Indicator Jumps To 6 Year Highs, Reaches Mandate



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Fed's Preferred Inflation Indicator Jumps To 6 Year Highs, Reaches Mandate
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The growth rate of Americans' spending has slowed in the last three months (to +0.4% MoM as expected in July) and income growth has slowed, up just 0.3% MoM in July (below expectations of +0.4%).

However, while income growth year-over-year hovers at 3-year highs, it slowed in July, but ...

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