Nearly half of all Americans are falling deeper in debt as inflation continues to boost costs - CNBC


7/26/2022 12:00:00 AM2 years 9 months ago
by Jessica Dickler

With inflation hitting a 40-year high, Americans are struggling to keep up with rising prices and putting less money aside for emergencies, several studies show.

Higher prices have taken a toll. In an economy that has produced the highest inflation rate since 1981, Americans are struggling to keep up with expenses and are putting less money aside for emergen… [+2860 chars]

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