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U.S. inflation reaches 3-year high as personal savings rate plummets

Americans are drawing on their savings to keep up with inflation, which has reached a three-year high.

Host Peter O’Dowd discusses how the economy is squeezing regular consumers with Mike Regan, managing editor at Bloomberg News.

This article was originally published on WBUR.org.

Copyright 2026 WBUR

Here & Now Newsroom