US Consumer br Spending Rose br Moderately in May Increased household br spending on vehicles, br restaurants and hotels br amounted to 0.4. Consumer prices br in May also br rose slightly. Both sets of data br point to a slowing in br economic growth. They could motivate br the Federal Reserve br to cut interest rates br next month. The Fed cites growing trade br tensions and low inflation br as signals for a possible br July interest rate cut. Wages in May br gained 0.2 Personal income in May br buoyed consumer br spending with a 0.5 rise.