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Federal Reserve survey: 52% of Americans cannot cope with $2000 in emergency spending, and inflationary pressures continue to intensify "

According to the Internet, according to The Kobeissi Letter, the latest Federal Reserve survey shows that 52% of American consumers cannot afford $2000 in emergency expenses alone, and 31% cannot even afford $500 in unexpected expenses. In 2024, a record 37% of respondents said inflation and prices are their main financial challenges, up from 35% in 2023, 33% in 2022 and 8% in 2016.

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