Inflation is Pushing Americans into debt
Prices are up about 3.8% since last November while paychecks grew 3.1%. Americans are covering the gap with credit cards, and a December rate hike would make that debt more expensive.
Prices are up about 3.8% since last November while paychecks grew 3.1%. Americans are covering the gap with credit cards, and a December rate hike would make that debt more expensive.