Financial Challenges news and trends

New Study: 60% of US Consumers Have Cut Spending Due to Inflation
Consumer Finance // September 27, 2022

With inflation reaching a 40-year high in June, nearly all consumers report noticeable increases in the cost of everyday purchases. PYMNTS’ research finds that 92% of consumers have noticed higher product prices, while 74% saw increases in their monthly bills. Consumers across all income levels...