Solid United States consumer spending presses versus expect substantial Fed rate reduce - Wire service

.Strong US consumer costs presses versus wish for significant Fed fee cut ReutersThe Fed's favorite rising cost of living indication raised 0.2% in July, as anticipated CNBCFed's ideal inflation scale presents costs enhanced in accordance with Wall Street's expectations in July Yahoo FinanceLatest rising cost of living records offers a 'bright thumbs-up' for a cost cut CNN.