US Consumer Spending Stalls, GDP Takes a Hit

Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, ...