![U.S. Inflation, Consumer Spending Growth Cooled in May U.S. Inflation, Consumer Spending Growth Cooled in May](https://morningtopnews.com/wp-content/uploads/2023/06/1688151773_social-768x384.jpeg)
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Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest rates in July.
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Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest rates in July.
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