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.
Housing and Gasoline Pumped Up Prices: May 13 – 17
Headline price measures were above their two-percent targets in April.
What We Learned About the U.S. Economy Last Week 