Cheddar News senior reporter spoke to C.J. Bangah, principal at PWC, about the global media and entertainment outlook. The company just released its annual report, forecasting the state of the industries through 2027.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.