Marketplace · Monday, August 31, 2026
Jeff Klingholfer of Aristotle Pacific Capital states that consumers are adapting to higher interest rates and borrowing costs, while inflation erodes wage gains. He suggests that this pressure on consumers, already experiencing inflation fatigue, could lead to further economic slowdown.
“We are all having to adapt to a world of higher interest rates.”
“Every consumer is feeling that pinch, is feeling that pressure.”
“As borrowing costs go up while inflation eats away virtually all of our wage gains at work.”