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Bloomberg Wall Street Week April 21st, 2023

Wall Street Week

CHAPTER

The Fed's Resilience in the US Economy

Consumer spending in March was up 9% of the last March across all the different forms. In April, that slowed down a little bit. The debate's going to be, is that due to some of tax timing and stuff? Because that's changed as you will see a play out. But the consumers are in good shape. They have more money in the council than they did by the pandemic."

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