Personal income rose by a modest 0.2% month-over-month (m/m) in September, slightly below market expectations for a 0.3% gain. After adjusting for inflation, taxes, and transfers, real disposable personal income declined by 0.3%, following a flat reading in August. Consumer spending rose by 0.5% m/m in nominal terms, roughly in line with expectations. However, higher […]The post U.S. Consumer Spending Cools in September as Inflation Bites appeared first on ActionForex.