In the US, higher interest rates are forcing people to cut back - Al Jazeera
![In the US, higher interest rates are forcing people to cut back - Al Jazeera](/content/images/size/w1200/2023/10/pexels-karolina-grabowska-4959926.jpg)
In the US, higher interest rates are forcing people to cut back
Americans are feeling pinch of high interest rates, forcing them to hold off purchases of homes, cars, even groceries.
![](https://www.aljazeera.com/wp-content/uploads/2023/02/AP23051504332629.jpg?resize=1920%2C1440)