Cheap ugg boots saleEconomists said spending would get additional support next year if Republicans are able to push their tax cut package through Congress, and the cuts are made retroactive to the start of 2018.
"Most households should get the benefit of a reduction in taxes early in the New Year, but we won't know what proportion of households will be net beneficiaries of the Republican's tax cuts until the details of the plan are released this Wednesday," said Paul Ashworth, chief U.S. economist for Capital Economics.
A key inflation gauge closely followed by the Federal Reserve showed consumer prices rose 1.6 percent in September compared to a year ago, up from readings of just 1.4 percent the past three months.
Fed officials, who have raised interest rates twice this year,Cheap uggs will meet again on Tuesday and Wednesday. However, analysts expect them to defer a third rate hike in an effort to ensure that low inflation is rising and annual price gains are again moving toward the Fed's 2 percent target.
The 1.6 percent 12-month rise in prices was the strongest gain since a 1.7 percent increase in April. Core inflation, which excludes food and energy, remained stuck at an increase of 1.3 percent over the past 12 months, the same as August.
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