U.S. consumer spending rises solidly; inflation firming

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending rose solidly in December as households bought motor vehicles and a range of services amid rising wages, pointing to sustained domestic demand that could spur faster economic growth in early 2017. The strengthening economy, rising price pressures and a tightening labor market could allow the Federal Reserve to lift interest rates at least three times this year. The Commerce Department said on Monday that consumer spending, which acco