Braking Down The News

Economy Week Ahead: Household Spending and Federal Reserve in Focus

Economists expect to see that consumer spending cooled last month

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Tuesday

Economists surveyed by The Wall Street Journal expect surveys of purchasing managers released by S&P Global to point to a steadying of the U.S. services sector in August after it contracted in July, while pointing to a deeper decline in private-sector activity across the eurozone as rising prices eat into household spending power.

 

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