Americans’ grocery bills have become a hot-button issue in the 2024 presidential election. How are lower-income and higher-income consumers expecting to spend on food over the next year? Yahoo Finance anchor Julie Hyman breaks down data from Bank of America, comparing the two income classes’ spending patterns as inflation persists in food prices. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
Yahoo! Finance: ACI News