US consumers see light at the end of the economic tunnel

InflationMoney Matters
Written By Jennifer Joslyn

💸 US consumers see light at the end of the economic tunnel.

Despite high-interest rates and staggering inflation, Americans are continuing to spend the money in their pocketbooks. Overall, it's important to keep in mind that every individual's spending habits are unique, and there are many factors that can influence consumer behavior in the face of high inflation and interest rates. Some purchases are necessities, and Americans may not have the option to cut back on these expenses, regardless of inflation or interest rates. For example, people still need to pay for housing, transportation, and food.

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Jennifer Joslyn
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