US Consumer Spending Stalls, GDP Takes a Hit
Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee...
By Bloomberg Markets · Bloomberg Markets
Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth. (Source: Bloomberg)