US Real Consumer Spending QoQ Final (Q3) Q/Q 3.5% vs. Exp. 3.5% (Prev. 2.5%)
The final print for US Real Consumer Spending in Q3 came in at 3.5%, matching expectations and significantly up from the previous quarter's 2.5%.
US President Trump's Greenland deal reportedly allows NATO to increase security in the Arctic region; framework entails the establising of US missiles and mining rights, via Bloomberg
France says board of peace charter does not correspond with UN Gaza resolution, some elements contrary to UN charter; will not join board of peace for now
US Real Consumer Spending QoQ Final (Q3) Q/Q 3.5% vs. Exp. 3.5% (Prev. 2.5%)
US President Trump says will probably be issuing dividend if they win tariff case; will be paying off debt if win SCOTUS tariff case
Vitol is reportedly making preparations to begin fuel oil exports from Venezuela, according to sources
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This stability in consumer spending suggests resilience in the economy, which could bolster confidence in consumer-led growth and potentially influence the Fed's outlook on interest rates and inflation dynamics going forward.
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