UBS On-Air: Paul Donovan Daily Audio 'The rate debate'
UBS On-Air: Market Moves · Podcast owner
August 29, 20252m 51s
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Show Notes
US July personal income and spending data is due. The middle income consumers’ relatively strong starting point for the year has helped to sustain consumption, although political polarization has created some distortions in spending. Consumption remains the key focus for overall economic activity in the US this year.