#Republicans lost the #middleclass #economy.

"Costco CFO sounds alarm on consumer trend
Retailers could be in for a rough 2025.
70% of consumers say inflation has hurt their household finances.

And compounding matters is that #interestrates remain stubbornly high due to sticky #inflation. In January the Federal Reserve hit pause on interest rate cuts. And it’s likely to hold rates steady when it meets in mid-March"
#premarket
#recession
#Trump
#tariff
#tariffs
https://www.thestreet.com/retail/costco-cfo-sounds-alarm-on-consumer-trend