JPMorgan warns that robust U.S. consumer spending is losing its buffer as rising prices squeeze household budgets. The fading spending cushion raises concerns about future consumption and economic stability. JPMorgan, U.S. consumers, Federal Reserve A slowdown in discretionary spending and heightened scrutiny of credit conditions JPMorgan has indicated that while U.S. consumer spending is continuing, the buffer against increasing prices is diminishing. This suggests that consumers may soon face challenges in maintaining their current spending levels as inflation impacts financial stability.
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