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US consumers could be reaching their breaking point. After dealing with elevated inflation and the highest interest rates in decades, they’re starting to rein in their spending. Last month, retail sales were unchanged from March, when spending increased by a downwardly revised 0.6%, the Commerce Department reported on Wednesday. April spending missed the ...
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I would like to thank the Digital Chamber for the invitation to share my perspectives on innovation in the financial system. I welcome opportunities like this to engage in discussions that include both the public and private sector on this important topic. These conversations help inform my understanding of and expectations for how technology can enhance ...
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