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NBC Nightly News with Lester Holt
NIGHTLY 6:30/5:30c

Consumers show signs of cutting back on spending as inflation frustration sets in

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The Federal Reserve is expected to raise interest rates by half a percentage point, aiming to cool off demand and slow inflation. This comes as there are growing signs that people are holding back from making purchases. In a new NBC News/Morning Consult online poll, six in ten shoppers say they’ve decided not to purchase an item because it was too expensive or decided to wait until the price went down.

Appearing:Lester Holt
Tags: health, International News, Lester Holt, Making A Difference, NBC Nightly News, National News, news, nightly news, U.S. News, Breaking News, Evening News, politics, World News
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