Economy

Will Consumers’ Response to Inflation Be as Accurate as Their Outlook on COVID?
Economy
Will Consumers’ Response to Inflation Be as Accurate as Their Outlook on COVID?
March 19, 2022

Back in March of 2020, it was all about “the new normal,” and then trying to get to “the next normal.”   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Main Street Businesses Optimistic About 2022 … for Now
Economy
Main Street Businesses Optimistic About 2022 … for Now
March 18, 2022

When we surveyed businesses two years ago about their financial health, a considerable number of them said they didn’t expect to survive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Savings Won’t Be Enough to Prop up Retail Spend in Paycheck-to-Paycheck Economy
Economy
Savings Won’t Be Enough to Prop up Retail Spend in Paycheck-to-Paycheck Economy
March 17, 2022

The urge to splurge is receding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...

Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
Economy
Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
March 17, 2022

Buckle up for a wild show as COVID exits stage left while a new villain — inflation — swoops in from all sides, weakening the purchasing power of even the best-paid American workers. Get the Full Story Complete the form to unlock this article and...

Inflation, Interest Rates Straining Consumers’ Brand Loyalty
Economy
Inflation, Interest Rates Straining Consumers’ Brand Loyalty
March 16, 2022

Today is the day the Fed is expected to raise interest rates for the first time since 2018 amid a 40-year inflation spike — a combination sure to test loyalties to brands and merchants. Get the Full Story Complete the form to unlock this article and...

Yellen: Russia’s Attack Could Keep Inflation High for Another Year
Economy
Yellen: Russia’s Attack Could Keep Inflation High for Another Year
March 11, 2022

Russia’s attack on Ukraine has upended the likelihood that high inflation will be leveling off any time soon.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Visa Says Consumer Spending Improved in February
Economy
Visa Says Consumer Spending Improved in February
March 10, 2022

Visa has announced that consumer spending got healthier in February, hitting 109.3 in February, up from January’s 102.4, according to a Thursday (March 10) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Latest Inflation Data: Paycheck-to-Paycheck Consumers Will Have to Make Tough Choices
Economy
Latest Inflation Data: Paycheck-to-Paycheck Consumers Will Have to Make Tough Choices
March 10, 2022

We’ve been here before. But not for 40 years, and back then it wasn’t pleasant, nor is it a lark right now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

ECB Ends Bond-Buying Program Early, Prepares for Interest Hikes
Economy
ECB Ends Bond-Buying Program Early, Prepares for Interest Hikes
March 10, 2022

The European Central Bank (ECB) is ending its bond-buying program earlier than anticipated as it prepares for a possible interest rate increase later in the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...