Consumers cutting spending faster than expected due to inflation sends alarm bells about the economy. Some now see recession sooner rather than later.      

Topics:  inflation   spending   recession   fast   
BING NEWS:
  • North America Construction Outlook: Politics And Policy Rates Test The Sector's Resilience
    Construction outperformed expectations in 2023 Given the backdrop of high interest rates, tight credit availability and worries about a potential ...
    04/23/2024 - 7:34 am | View Link
  • FTSE 100 closes at fresh record high despite rate cut warning
    Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade.
    04/23/2024 - 6:02 am | View Link
  • Worried About a Recession? History Says to Do This 1 Thing
    Investors expected the economy to tip into a recession, sending stock prices sharply lower in 2022. However, both the S&P 500 and the Nasdaq Composite Index have been on an impressive run since the ...
    04/21/2024 - 10:25 pm | View Link
  • BofA CEO explains inflation is shifting consumer spending
    restaurant spending is growing faster than food and store spending." He argues that means consumers are making discretionary purchases and necessary purchases at about the same levels as they were ...
    04/17/2024 - 5:07 am | View Link
  • Stubborn Inflation Means Higher Interest Rates for Longer
    But inflation and the economy have both run hotter than expected, throwing those plans into doubt and putting upward pressure ... inflation but risk causing a recession and mass layoffs—a ...
    04/9/2024 - 1:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Movies News