Most of us dream of accomplishing celebrity status to enjoy countless luxury and limitless spending. This may increasingly be true for some famous faces, but there are others who're content with saving a coin despite their wealth.
This makes perfect sense, particularly at the moment of economic uncertainty.
In late July, The Federal Reserve raised the rate of interest for the second time this 12 months because it seeks to diminish inflation without making a recession.
“Because the stance of monetary policy tightens further, it likely will turn into appropriate to slow the pace of increases while we assess how our cumulative policy adjustments are affecting the economy and inflation,” said Fed Chair Jerome Powell.
And inflation is hitting everyone...
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