Economy
Install the Minutes extension for translated subtitles
Get the Minutes app for translated subtitles (coming soon)
Subtitle size
Display
Translate into
EconomyCan US Consumers Afford Another Fed Rate Hike?
US consumers are cutting spending as borrowing costs rise, while supply shocks continue to push inflation higher. Markets are pricing in nearly a 73% chance of a rate hike next week, raising the question of whether tighter policy can cool prices without placing deeper pressure on households.
