Post by Paychex

Name: Despite inflation exceeding the Federal Reserve’s target rate, consumer spending rose 4.1% year over
Uploaded: 2026-07-03T01:55:20.109Z
Channel: Paychex
Description: Despite inflation exceeding the Federal Reserve’s target rate, consumer spending rose 4.1% year over year in an act of defiance or resilience. Gene Marks talks on this episode of Paychex Thrive Week i

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Despite inflation exceeding the Federal Reserve’s target rate, consumer spending rose 4.1% year over year in an act of defiance or resilience. Gene Marks talks on this episode of Paychex Thrive Week in Review about the possibility of an interest rate increase, and his belief that businesses will be fine. 🔗 Learn more: https://bit.ly/4wDbH2z

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