Inflation Frustration Sets In As Consumers Appear To Cut Back On Spending

Inflation Frustration Sets In As Consumers Appear To Cut Back On Spending

The Federal Reserve is expected to raise interest rates by half a percentage point, aiming to cool off demand and slow inflation. This comes as there are growing signs that people are holding back from making purchases. In a new NBC News/Morning Consult online poll, six in ten shoppers say they’ve decided not to purchase an item because it was too expensive or decided to wait until the price went down.

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HealthInternational NewsLester Holt

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