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flag Lower-income consumers struggle with high inflation and interest rates, potentially affecting economy resilience.

flag Amidst a seemingly healthy economy, lower-income spenders are struggling due to high inflation and higher interest rates. flag This strain on lower-income consumers could be the first crack in the economy as resilient spending by U.S. households has been a major factor preventing a recession. flag Consumer goods giants such as PepsiCo and Kraft Heinz report that their lower-income customers are feeling the impact of rising costs and more expensive credit-card payments.

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