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Inflation forces Americans to rely more on credit cards and loans

Visa and Mastercard credit cards. (John Raoux/AP)
Visa and Mastercard credit cards. (John Raoux/AP)

Employers added more than 230,000 jobs in December, another sign of continued strength in the labor market. But census data show inflation is forcing Americans to rely more on credit cards and loans to cover growing expenses.

Senior editor at Bloomberg Michael Regan joins Here & Now‘s Celeste Headlee.

This article was originally published on WBUR.org.

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