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.
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
NBC News App: smart.link/5d0cd9df61b80
Breaking News Alerts: link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621
Visit NBCNews.Com: nbcnews.to/ReadNBC
Find NBC News on Facebook: nbcnews.to/LikeNBC
Follow NBC News on Twitter: nbcnews.to/FollowNBC
#NBCNews #Inflation #Spending