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US recession fears rise as personal income and spending fall in May

Summary by Firstpost News
Amid the tariffs introduced by US President Donald Trump, fears of a recession loom in America as the US witnessed a decline in personal income and consumer spending in May

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The stock markets are in the best mood: the US customs war seems to be missing, a recession in the US as well, and the US public debt is only interested in the bond markets. ntv.de has discussed the prospects on the financial markets with three experts.

The latest data shows that personal income and spending in the United States fell in May. However, this was not what experts expected. Personal income and spending fell ... ...

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Firstpost News broke the news in Mumbai, India on Saturday, June 28, 2025.
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