DeepFlowTech

According to a TechFlow report on June 7, The Kobeissi Letter reported that the latest survey by The Federal Reserve (FED) shows that 52% of American consumers cannot cover a $2,000 emergency expense solely with savings, and 31% cannot even afford a $500 unexpected expense. In 2024, a record 37% of respondents indicated that Inflation and prices are their main financial challenges, up from 35% in 2023, 33% in 2022, and 8% in 2016.
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