Consumer Spending Is Up And Inflation Is Easing



Ahead of the holidays, the latest consumer spending data suggests that Americans are still spending as the 40-year-high inflation continues to ease. NBC News’ Tom Costello reports on Jerome Powell saying the Fed could soon slow the pace of its interest rate hikes.

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29 comments

  1. Welcome to clown world 😊

  2. Inflation is easing because it was already up this time last year.

  3. Yay America spending its way to the new great depression

  4. Let's hire 200000 workers and pay them Penny's on the dollars so the rich can get richer and the poor get pooer

  5. Time for kids stop playing with toys and games and start working in feild

  6. Keep lying, we ain't buying it.

  7. Thank you Dr osaba for saving my life from herpes virus

  8. Let’s see what happens in January …. 🤣

  9. So deluded and bias not complaining though men in black, just saying 🤣

  10. I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment.❤

  11. yea up that is why stores on black friday were dead

  12. Of course spending is up, it’s called Christmas!

  13. Consumer spending is up because everything cost more, it's a direct correlation,

  14. Trump rugged American w/ the Trump's bucks and Biden saving the economy.

  15. Eh, let me know when chicken is less than 30 bucks a 10 pound bag

  16. Most people are stacking debt, either on what they need because they're stuck, or on things they want because they don't see the train coming.

  17. Gas it too high starter pack: only travel twice a year

  18. When everyone agrees someone isn't thinking.

  19. I don't believe a word you guys say about inflation.

  20. This country is such a fraud

  21. You mean consumer DEBT is up. Fixed it for you.

  22. After losing so much to stock market, One best investment decision I ever made afterwards was investing in financial markets. Which has earned me $34,970 profit every 14days lately. Trust me guys it pays a lot.