Fed's Preferred Inflation Indicator Jumps To 6 Year Highs, Reaches Mandate
• https://www.zerohedge.com by Tyler DurdanThe growth rate of Americans' spending has slowed in the last three months (to +0.4% MoM as expected in July) and income growth has slowed, up just 0.3% MoM in July (below expectations of +0.4%).