Americans Adjust Spending After Brutal Day On Wall Street, Fed Expected To Raise Rates
June 14, 2022
66,827
549
216
1.14%
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2:09Now PlayingAmericans Adjust Spending After Brutal Day On Wall Street, Fed Expected To Raise Rates
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as posted by the channelSky high inflation and a potential recession is weighing heavily on Wall Street investors. The Dow closed down 876 points, and the S&P fell into bear market territory. The Federal Reserve is expected to raise interest rates again this week to tame inflation. All of it is having a very real impact on Americans, with many adjusting their spending because of soaring costs.
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