While inflation remains elevated above the Federal Reserve's 2 percent target for years now, consumers have shown signs of pulling back. Rebecca Walser, president of Walser Wealth Management, breaks down what's going on with consumer debt and provides some tips for getting debt-free.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
