Inflation Squeezes Holiday Budgets: JPMorgan Report

Inflations Impact on American Households: A Grim Outlook for Holiday Shopping - JPMorgan Chase Institutes report reveals weak income growth and stagnant bank balances, particularly affecting younger and older workers. The situation is reminiscent of the early 2000s, with only a select few benefiting from stock market gains. Consumers brace for a tight holiday season with limited spending power. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.