Bankers Are Feeling the Strain as Lower-Income Consumers Struggle With Inflation and Tariff Chaos
- Miguel Virgen, PhD Student in Business
- Apr 24, 2025
- 6 min read
April (Doctors In Business Journal) - The global economy is weathering a storm that seems relentless. Inflation continues to erode the purchasing power of everyday consumers, while an ever-shifting landscape of tariffs throws businesses and households into a state of constant adjustment. At the center of this upheaval are the banks — institutions that once seemed untouchable, but are now starting to feel the pressure from a fragile consumer base.
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