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Nightly News
Consumers feeling pressure from inflation, fear recession
Catch up with NBC News Clone on today's hot topic: Consumers Feeling Pressure From Inflation Fear Recession 144849989849 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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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.July 26, 2022
