US consumers pulling back spending; inflation slowing for now

U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape. 

Jun 1, 2025 - 23:10
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US consumers pulling back spending; inflation slowing for now
U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape.