Inflation Cools, But Debt Troubles Persist for Lower-Income Americans Despite the Federal Reserve holding interest rates steady and inflation showing signs of cooling, debt-burdened Americans, particularly those with lower incomes, find no relief. Prices remain 3% higher than a year ago, and the Fed only projects one rate cut this year, down from an earlier expectation of three. As a result, many maxed-out credit card borrowers are struggling with delinquency, exacerbating financial pressures for lower-income households. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts July Sees Growth in Gold and Silver Stocks in London Vaults READ MORE US Job Market Cooler Than Thought: 818,000 Jobs Reduced in Revision READ MORE China Doubles Down on Moves to Avert a Financial Crisis READ MORE The REAL Reason Costco & Walmart Are Selling GOLD & SILVER READ MORE De-Dollarization: A Gradual Shift from US Currency Control READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment