Consumers Feeling Pressure From Inflation, Fear Recession

Consumers Feeling Pressure From Inflation, Fear Recession

For the third month in a row, the consumer confidence reading shows Americans are feeling the inflation squeeze. Many Americans are worried about a potential recession as prices rise for gas, food, clothing, housing and more. Inflation is also being felt by many corporations. Walmart says Americans are buying more food and fewer big ticket items. The Federal Reserve is poised to raise interest rates again tomorrow.

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