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Profit Recession Ends, Inflation Slows, Consumer Spending Concerns Rise
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Profit recession ends as concerns about consumer spending rise. Muted inflation data raises hopes for improved consumer sentiment and affordable housing. US inflation slows in October, with core CPI increasing by 0.2%. Consumer spending remains mindful due to concerns about inflation and student loan payments.
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How might concerns about consumer spending impact the overall economy?
What factors contribute to the slowdown in US inflation?
What measures can be taken to address the concerns about inflation and student loan payments?
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