Economic news from the US – March 1st 2017 13:30 (GMT+1)

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The US inflation climbed in January the his highest level since 2012 and is within reach of the goal of the Federal Reserve, which may increase the probability that the central bank will raise interest rates soon, maybe already this month.

The US consumer spending last month increased by 0.2%, while economists forecast an increase of 0.4%.
The personal income increased by 0.4% in January.

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