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U.S. Consumer Spending Helps Cooling Economy

2018-12-15 8 Dailymotion

According to Reuters, U.S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the American economy even as the outlook overseas continued to darken.<br />The upbeat data from the Commerce Department on Friday bolstered expectations that the Federal Reserve will raise interest rates for a fourth time this year at its Dec. <br />

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