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Consumer Spending Is Up And Inflation Is Easing

Posted

December 2, 2022

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Ahead of the holidays, the latest consumer spending data suggests that Americans are still spending as the 40-year-high inflation continues to ease. NBC News’ Tom Costello reports on Jerome Powell saying the Fed could soon slow the pace of its interest rate hikes.

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NBC News Tom CostelloJerome PowellNBC News DigitalPress DatelineNBC News Shows ConnectFacebook Follow NBC NewsTwitter NBCNews Inflation Spending

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Consumer Spending Is Up And Inflation Is Easing · NBC News · Sentinel