How are those Stimulus Checks Doing?

Good news, thanks to those government stimulus checks, consumer spending increased by 0.6% in June!
Oh, the downside is that inflation increased by 0.8%.
The Federal Reserve meets again tomorrow, and no change in rates is expected, although I wouldn’t mind seeing rates climb 50 points from here.

Posted by on August 4th, 2008 at 10:01 am


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