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The Economic Times
The Economic Times
Business

Charting the global economy: US spending rises, weather looms

United States China

(Bloomberg) --US consumer spending showed little sign of buckling from the fallout of the Iran war, even as prices rose at the fastest pace in three years.

Meantime, China is finally making progress on its fiscal deficit, and the Bank of Japan is touting the economic benefits of the global artificial intelligence boom.

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