While loans become more expensive, they may help lower prices on everything else. It's something not only consumers need, but charities as well.
HOUSTON, Texas -- High gas prices aren't only impacting consumers, but groups that help people in need are feeling the pinch too.Seconds Servings of Houston
"People living on a fixed income such as seniors and the disabled," said Barbara Bronstein, the president of Second Servings of Houston."They're getting squeezed."Second Servings is paying $40 more to fill its trucks and to buy containers to deliver food. "The war between Russia and Ukraine. If that starts to take a different course, we could see some of the supply chain issues improve," said Rice University's Baker Institute for Public Policy fellow, Jorge Barro."But, unfortunately, I don't see that being the case."A government group made loans more expensive Wednesday. It plans to do so several more times this year. This may cool spending, and help prices on other items drop.