Key Gauge of US Inflation Cools, Spending Moderates

The video discusses the concept of data staggering and its impact on internet usage. It analyzes personal income and spending trends, noting a decrease in consumer spending and a slowdown in economic momentum. Inflation rates are examined, showing a slight decrease, indicating a potential economic slowdown.

What was the main reason for the increase in personal income in January?

• Higher interest rates

• Minimum wage and salary increases

• Increased government spending

• A rise in stock market investments

What trend have credit card companies recently observed?

• A rise in loan defaults

• An increase in savings

• A drop in spending momentum

• An increase in online shopping

How much did consumer spending rise in February?

• 1.8%

• 2/10 of a percent

• 3/10 of a percent

• 6/10 of a percent

What was the year-over-year inflation rate after February?

• 5%

• 4.6%

• 4%

• 6%

What does the decrease in the core inflation rate suggest?

• An increase in consumer confidence

• An increase in foreign investments

• A potential economic slowdown

• A rise in employment rates