SchiffGold(@SchiffGold):Income rose 0.4% in July, but real consumer spending barely moved. With PCE inflation at 3.7% and savings still thin, higher pay isn't translating into much greater purchasing power.

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SchiffGold@SchiffGold

2026.08.27 22:17

Income rose 0.4% in July, but real consumer spending barely moved. With PCE inflation at 3.7% and savings still thin, higher pay isn't translating into much greater purchasing power.