The Fed lowered its interest rate target even as the labor market continued to create jobs.
Hiring Held Steady, The FOMC Did Not: July 29 – August 2
Solid Consumer Spending, Inflation Under Target: June 24 – 28
Consumer spending held firm in May.
Consumer Spending Wobbled Again: May 27 – 31
Real consumer spending failed to grow in April.
What We Learned About the U.S. Economy Last Week 