US consumer spending rises in February

US consumer spending edges higher, key inflation metric rises

The data represent a double whammy for the economy before the brunt of tariffs from President Donald Trump.

US consumer spending rises in February

US consumer spending rebounded in February, likely lifted by higher prices, which could amplify fears that the economy was facing a period of tepid growth and high inflation amid an escalation in trade tensions.

Consumer spending rebounds in February; core inflation firmer

WASHINGTON - U.S. consumer spending rebounded in February amid rising prices for goods and services, which could amplify fears that the economy was facing a period of tepid growth and high inflation amid an escalation in trade tensions.

Read time approx.: 1 minutes, 40 secondsPresident Trump has announced a series of tariff measures since he took office in January, and on Wednesday he released a 25% tax on imported cars and trucks. Economists say he has damaged growth US consumer spending picked up in February, probably driven by rising prices, which could amplify fears that the economy will face a period of lukewarm growth and high inflation amid an escalation of trade tension…