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More Cooling

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More Cooling

There are signs of increasing stress among low-income consumers

The Transcript
Nov 21, 2022
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More Cooling

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Succinct Summary: It seems like the economy continues to cool along with the weather. Especially within this week’s Financials section, we picked up signs of increasing stress among low-income consumers, including dwindling savings. Spending is still strong though. The Fed isn’t taking anything for granted and continues to signal that it will be raising…

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