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U.S. consumer spending, inflation data keep rate hikes on table

February 27, 2016 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending rose solidly in January and underlying inflation picked up by the most in four years, keeping Federal Reserve interest rate increases on the table this year. The growth outlook was further bolstered by steady consumer sentiment in February despite a recent stock market sell-off. The

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U.S. consumer spending, inflation data keep rate hikes on table