Inflation Fear Is Making Some People Spend More—and Others Less
In This Article:
Several lenders have reported an uptick in spending in the first quarter versus a year earlier, with some attributing that partly to a “pull-forward” of future purchases. In other words, people are defensively buying stuff today that could become more expensive under President Trump’s tariff policies. President Trump’s trade policies have sparked high levels of uncertainty over the future of the U.S. economy.