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U.S. Personal Spending in July Recorded a Monthly Rate of 0.5%, Reaching a New High Since March 2025

By: theblockbeats.news|2025/08/29 13:12:16

BlockBeats News, August 29, U.S. Personal Spending M/M for July came in at 0.5%, matching expectations of 0.50%. The previous value was revised from 0.30% to 0.4%, reaching a new high since March 2025. (FXStreet)

S&P 500 Index Futures, Nasdaq 100 Index Futures both saw a decline following the release of PCE data

Tether Updates Old Blockchain Transition Plan: Will Not Freeze Smart Contracts on the Network