Inflation Taking Its Toll: Half of Americans Desperate for Cash, Dip into Savings
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The Epoch Times reports, The Country Financial Security Index reports that more Americans are using their savings to make ends meet amid crippling inflation. As a result of the data, the overall rate of inflation in January declined to 6.4 percent, down from 6.5 percent in December 2022, according to the Bureau of Labor Statistics (BLS).
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