US Consumers Face Troubles Amid Recessionary Signals and Rising Inflation
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#be35213b ver:0.19

US consumers face troubles amid recessionary signals and rising inflation as bank credit contracts for the first time since the Great Recession, indicating higher interest rates and expensive loans. Wall Street experts warn of increased economic uncertainty and a higher chance of recession. Other economic indicators, such as declining economic activity and reduced investments, raise concerns about the economic outlook. Lenders anticipate rate cuts and express concern about loan losses and bankruptcies. Despite some optimism in the CRE finance industry, concerns remain about rate cuts, financing uncertainties, and increased inflation. The recovery in bank credit provides hope, but concerns about a potential recession persist. Consumers are in a precarious financial situation due to declining sentiment, high interest rates, and record levels of debt. The struggles of everyday Americans cannot be ignored. #economy #recession #inflation #banking #credit...

#newstr #UsEconomy #Recession #BankCredit #InterestRates #Inflation #ConsumerSentiment 

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