US Consumer Spending Edges Up Amid Inflation Concerns
Story essentials
Bureau of Economic Analysis (BEA)
USA
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
About this article
COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policyRead next
Prioritized by shared people, places, and events.
US consumer prices accelerate in August, fueling rate hike expectations
US CPI increased 0.4% in August. Year-on-year inflation reached 3.4%. Data reinforces expectations for a Federal Reserve interest rate increase.
Related book
The Price of Time: The Real Story of Interest
Author: Edward Chancellor
This book provides a profound historical and analytical perspective on interest rates and inflation, helping readers understand how monetary policy and energy-driven price shocks impact consumer behavior and economic growth in the modern US economy.
As an Amazon Associate, COMPAMIR earns from qualifying purchases.