The Federal Reserve remained in a holding pattern.
Inflation Moderates, But the Fed Does Not Move: June 10 – 14
Muted Consumer Spending in April: May 27 – 31
Consumer spending was soft this spring.
Hiring Cooled: April 29 – May 3
Employers added relatively fewer workers in April and the Fed eased its tightening.
What We Learned About the U.S. Economy Last Week 