Crypto World Network news: According to a CNBC post on X, a J.D. Power survey shows that 65% of U.S. consumers believe the rate of price increases is higher than the rate of income growth. The latest inflation data shows that the year-over-year inflation rate for March rose to 3.3%, driven mainly by a surge in energy costs. A CNBC survey also noted that 56% of Americans said that over the past year their cost of living has increased, prompting them to cut back on dining out and grocery spending to control their budgets.

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