Global stocks climb and US treasury yield declines after inflation data
U.S. consumer spending rose moderately in February, and while inflation cooled, it remained elevated enough to possibly allow the Federal Reserve to raise interest rates one more time this year
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Global stocks climb and US treasury yield declines after inflation data

### Response: U.S. consumer spending rose moderately in February, and while inflation cooled, it remained elevated enough to possibly allow the Federal Reserve to raise interest rates one more time this year