Consumer is 'stretched' under current rates: NerdWallet CEO

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Nerdwallet News

Tim Chen,Credit Card,Interest Rates

NerdWallet (NRDS) reported mixed first quarter earnings, beating expectations on the top and bottom lines but falling short of estimates for credit card...

) reported mixed first quarter earnings, beating expectations on the top and bottom lines but falling short of estimates for credit card revenue. NerdWallet's CEO Tim Chen joins Wealth! to discuss the consumer environment and the factors influencing the company's performance.

"To state the obvious, the Fed is between a rock and a hard place in terms of helping consumers with inflation remaining high," Chen told Yahoo Finance.Here’s How Much You’d Have Now If You Invested $1,000 in Warren Buffett’s Berkshire Hathaway 10 Years AgoBillionaire investor David Einhorn shares an overlooked theory for why gold prices have spiked so much

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Tim Chen Credit Card Interest Rates Top And Bottom NRDS

 

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