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Inflation Eases and Consumer Spending Declines Amid Tariff Uncertainty

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Source: The Washington Post
Inflation Eases and Consumer Spending Declines Amid Tariff Uncertainty
Photo: The Washington Post
TL;DR

Americans are reducing their spending due to ongoing tariff disputes and economic uncertainty caused by the trade war, with consumer spending growth slowing significantly in April to 0.2% from 0.7% the previous month.

Topics:businesseconomy#april#consumer-spending#economic-uncertainty#economy#tariffs#trade-war
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  1. Consumer spending slows as Americans pull back amid tariff uncertainty  The Washington Post
  2. Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows  CNBC
  3. The April PCE Inflation Data Are Here. What to Know.  Barron's
  4. Fed's go-to inflation gauge slows in April, alongside drop in consumer spending  Axios
  5. PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo  The New York Times

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