he U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit.
Read More US economic growth slows in first quarter; inflation surgesTag: core PCE price index
US monthly inflation slows; consumer spending surges
U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surgesUS inflation trending lower; consumer spending strong in December
U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
Read More US inflation trending lower; consumer spending strong in December