Business/ Commerce

Jump in Consumer Spending is Transitory, Price Deflation Coming Up

11-01-2017 • https://www.themaven.net, Mike Mish Shedlock

The Fed meets today and Fed Chair Janet Yellen will make another superficial statement of some sort. Most likely, she will reiterate some mush about transitory low inflation while noting a surge in consumer spending. It's the jump in consumer spendin