67% of middle-class Americans struggle with rising costs, creating a “selective recession” per JPMorgan.

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67% of middle-class Americans express concern that their income isn’t keeping pace with the rising cost of living. This situation has led to what JPMorgan analyst Matthew Boss calls a “selective recession.” While upper-income consumers fare better, lower-income Americans are struggling to make ends meet due to elevated prices and dwindling savingsThe pressure persists as inflation continues, impacting middle-income households significantly. It’s a challenging situation, and many Americans are feeling the pinch.

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