WASHINGTON—The U.S. economy is posing a puzzle: Higher consumer spending and falling unemployment point to healthy, even robust, growth. But a key measure of the economy’s temperature—inflation—has weakened. The conflicting signals are complicating the Federal Reserve’s plans to raise its benchmark interest rate once more before year-end. Consumer prices grew 0.1% in July from a month earlier and just 1.4% over the past year,...

Source: Wall Street Journal August 31, 2017 12:35 UTC