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Consumer Credit Card Debt Soars by Billions of Dollars Thanks to Inflation
By Peter Coyne
Posted October 3, 2023
A combination of inflation and climbing interest rates seems to be stretching consumers' balance sheets, but it's not clear yet whether they're getting to a breaking point.
Read More...Americans Are Still Spending Like There’s No Tomorrow
By Peter Coyne
Posted October 3, 2023
Interest rates are up. Inflation remains high. Pandemic savings have shrunk. And the labor market is cooling.
Read More...