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Savings rate dips in September; PCE inflation matches Fed target

The savings rate dipped in September, the Commerce Department reported this morning. Americans. Americans saved 6.2% of their disposable income, the lowest level since 2013. Incomes grew by just 0.2%, the weakest in more than a year. That's not good news considering that consumer spending makes up  about 70% of the U.S. economy and that […]

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