Fed Raises Rates, As Data Show Spending Slowdown
P.M. Edition for Feb. 1. Growth in consumer spending is starting to slow down. It’s the latest evidence the economy is cooling, as the Federal Reserve raises interest rates to continue taming inflation. WSJ economics reporter Harriet Torry joins host Annmarie Fertoli to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices