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Roll Out The Barrel: Real Personal Spending Lowest Since September 2009 As Fed Rate Hike Probability Hits 82%

Wednesday, March 1, 2017 14:32
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wallstreetexaminer.com / by Anthony B. Sanders via Confounded Interest / March 1, 2017

Today’s economic news feed should be of interest to the The Federal Reserve.

Core Personal Consumption Expenditures (sans food and energy) for January were +0.3% MoM and +1.7% YoY, below The Fed’s target inflation rate of +2.0%.

Of particular note is Real Personal Spending for January 2017. It fell -0.3% from December and is the lowest since September 2009, just after the end of The Great Recession in June 2009.

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The post Roll Out The Barrel: Real Personal Spending Lowest Since September 2009 As Fed Rate Hike Probability Hits 82% appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/03/01/roll-out-the-barrel-real-personal-spending-lowest-since-september-2009-as-fed-rate-hike-probability-hits-82/

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