Increasing Pressure on Consumer Finances Raises Concerns for US Economy
===============	
#be35213b ver:0.23

Increasing pressure on consumer finances raises concerns for the US economy as bank credit contracts for the first time since the Great Recession, signaling reduced borrowing due to higher interest rates. Wall Street experts warn of increased economic uncertainty and a higher chance of recession. Other indicators, such as declining economic activity and rising delinquency rates on loans, further raise concerns about the economic outlook. However, there are signs of a recovery in US bank credit, providing a glimmer of hope. The US economy needs to reduce spending and promote savings to ensure stability. #USeconomy #recessionconcerns #bankcredit #interestrates #economicindicators #financialoutlook...

#newstr #ConsumerFinances #FederalReserveBoard #EconomicData #BankCreditContraction #EconomicSlowdown #RecessionOutlook #DecliningCreditRatings #CreFinanceIndustryOutlookFor2024 #UsCreditRecovery #RelaxationOfCountercyclicalMeasuresAndTheirImpactOnBanks 

 https://here.news/story/be35213b?ver=0.23