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31 January 2025 / Brief
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Copy LinkConsumer spending ended 2024 on a strong note, while inflation picked up, confirming our expectation that the Fed will remain firmly on hold in coming months.
Trusted Insights for What’s Ahead®
Figure 1. Spending Remains Elevated Relative to Trend
Sources: Bureau of Economic Analysis and The Conference Board.
The Bureau of Economic Analysis revealed that to
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All release times displayed are Eastern Time
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