(RTTNews) - Personal income and spending in the U.S. both rose in line with economist estimates in the month of September, according to a report released by the Commerce Department on Thursday. He added, "Instead, the gains in overall income in August and September were principally due to farm subsidies paid out by the Trump administration to counter the effects of the trade war." A reading on inflation said to be preferred by the Federal Reserve showed the annual rate of core consumer price growth was unchanged from the previous month at 1.7 percent.
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