The Fed can’t decide how much money US households have left

Shoppers carry bags in San Francisco, California, on Thursday, Sept. 29, 2022. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link.

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There’s just one thing keeping the US economy afloat: You.Interest rates are higher and so are prices , credit is drying up and there are signs that the labor market is finally softening. But Americans keep on spending lots of money, and as long as […]

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