The Federal Reserve Beige Book shows consumer spending is flat or declining.
According to Golden Ten Data, ChainCatcher reports that the Federal Reserve's Beige Book indicates that consumer spending may remain flat or decline, as wages for many households have failed to keep pace with rising prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority
Trending news
MoreCrypto prices
More
