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Consumer Spending Continues to Fall as Fed Officials Weigh the Timing of Rate Cuts
Manage episode 491208466 series 2813754
Consumer spending declined with the sharpest drop of the year, signaling economic uncertainty is starting to weigh on households. With inflation still tame and personal income falling, pressure is mounting on the Fed to cut rates soon. Fed officials, including Neel Kashkari, are now pointing to September as a likely starting point, while warning tariffs could still spark delayed inflation. Investors are watching closely for any signs the Fed will act sooner.
Learn more about your ad choices. Visit megaphone.fm/adchoices
1719 episodes
Manage episode 491208466 series 2813754
Consumer spending declined with the sharpest drop of the year, signaling economic uncertainty is starting to weigh on households. With inflation still tame and personal income falling, pressure is mounting on the Fed to cut rates soon. Fed officials, including Neel Kashkari, are now pointing to September as a likely starting point, while warning tariffs could still spark delayed inflation. Investors are watching closely for any signs the Fed will act sooner.
Learn more about your ad choices. Visit megaphone.fm/adchoices
1719 episodes
All episodes
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