
Consumer Spending Continues to Fall as Fed Officials Weigh the Timing of Rate Cuts
BiggerPockets Daily
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Examining Consumer Spending and Its Economic Implications
This chapter examines the decline in consumer spending and its ramifications for the economy, particularly in relation to the labor market and the risk of recession. It also discusses the Federal Reserve's evolving strategy, emphasizing the need for interest rate adjustments in light of these economic challenges.
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