Related Stories
Trump to nominate economist Nellie Liang for Fed board seat
San Francisco Federal Reserve names Mary Daly as president
Decade later: Safer financial system yet much hasn’t changed
Fed survey finds concerns about rising trade tensions
US consumer borrowing up strong $16.6 billion in July
Trump in interview says he respects Fed Chairman Powell
US consumer spending up a solid 0.4 percent in July
Senate approves monetary policy expert as Fed vice chairman
Mnuchin praises Fed’s Powell as ‘phenomenal leader’
‘Don’t let the Fed end the Trump prosperity’
Powell signals more hikes ahead if US economy stays strong
The Latest: Fed officials ponder the yield curve signal
Powell could tackle key issues in high-profile speech Friday
Fed officials: Trump complaints won’t affect rate decisions
Photos
Quotations
The businesses reported that higher tariffs were pushing up costs for some manufactured goods, and the retail prices of goods and services is rising at a moderate pace.
Robert Scott, economist, says fears over Donald Trump tariffs overblown →
The July spending gain, fueled by strong job growth and tax cuts, followed a similar 0.4 percent rise in June, the government said Thursday.
