Monday, August 21, 2023

U.S. economists warns Americans to 'hunker down' and 'save your pennies'

U.S. economists warns Americans to 'hunker down' and 'save your pennies'

Snippet of Article: "...One global economist warned, U.S. consumers will soon have to "hunker down" in preparation for an even more "painful" economy. "Indeed save your pennies because unfortunately, the economic outlook is going to get worse before it gets better," Piper Sandler chief global economist Nancy Lazar told Fox News Digital. "So being conservative, careful with your credit cards… It is a time to hunker down and to try to maintain your savings rather [than] get further into debt."..."

Source: www.foxbusiness.com