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Personal income grew 0.4% month-on-month (m/m) in November, an acceleration from October’s 0.3% gain and in line with market expectations. Accounting for inflation and taxes, real personal disposable income rose 0.4% m/m, up from 0.3% previously. Personal consumption expenditures rose 0.2% m/m, an acceleration from the downwardly revised 0.1% gain recorded in October, but in […]

The post U.S. Consumer Spending Up but Inflation Down in November appeared first on Action Forex.

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