Economists Warn a Summer of Fun Could Lead to Autumn Pain

Consumers are splurging on expensive but fun experiences, from nights out to concerts — and that may force central banks to keep raising rates. By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni | NYTimes | NYT > Business | Disclosure