Economist: After high inflation, debt may hold back momentum

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BORROWED TIME? Thomas Tzitzouris, head of fixed income research at New York City-based Strategas Research Partners, says households that have endured rising costs because of inflation will now have to deal with the debt they’ve built up. 
PBN PHOTO/MIKE SKORSKI
BORROWED TIME? Thomas Tzitzouris, head of fixed income research at New York City-based Strategas Research Partners, says households that have endured rising costs because of inflation will now have to deal with the debt they’ve built up. 
PBN PHOTO/MIKE SKORSKI

Inflation may have cooled in recent months, but households in Rhode Island and beyond continue to feel the aftereffects. Thomas Tzitzouris, head of fixed income research at New York City-based Strategas Research Partners, told business leaders at Providence Business News’ Economic Trends Summit on Jan. 30 that inflation has consistently outpaced wages and created cost

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