Tag Archives: Economic events

UPDATE 1: Gasoline and Food Drive US Consumer Inflation in June

(Add report details, background) WASHINGTON, Jul 14 (Reuters) – US consumer prices rose the most in nearly eight years in June when companies reopened, but the underlying trend suggested that inflation would remain silent and allow the Federal Reserve to continue. injecting money into the economy in crisis. The Labor …

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UPDATE 1: US consumer spending recovers; income sinks

(Add report details) By Lucia Mutikani WASHINGTON, June 26 (Reuters) – US consumer spending rebounded by the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to decline further. more as millions lose their unemployment checks starting next month. …

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