Headline Details

How resilient is the US consumer?

Published on: Sun, 15 May 2022 12:17:44 UTC
News Agency: CNN
Description:
Worries about an economic slowdown are running wild on Wall Street. Despite concerns about inflation, higher interest rates from the Federal Reserve, supply chain issues and geopolitical turmoil due to Russia's invasion of Ukraine and Covid outbreaks in China, American consumers continue to do what they do best: shop until they drop.

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