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Benzinga
Benzinga
Business
Phil Hall

Inflation Angst Causes Dramatic Shift In Spending And Savings Habits

Inflation

With inflation reaching historic highs and no immediate relief to the financial pain in sight, American consumers have abruptly changed their spending and saving habits, according to a pair of newly published data surveys.

On The Spending Front: According to a nationwide survey from Provident Bank, an Iselin, New Jersey-based subsidiary of Provident Financial Services Inc. (NYSE:PFS):

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