Inflation eases on slowing goods price growth; consumers shift to borrowing: Fed
Investing.
The uptick in consumer lending, however, has seen a rise in delinquencies on consumer credit lines, the report showed. "Nearly all Districts indicated businesses renewed their previously unfulfilled expectations that wage growth will slow broadly in the near term," the report said.front, most Districts reported price growth"slowed overall, decelerating faster in manufacturing and consumer-goods sectors," the report said.
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