Millennials are more interested in "passion or experiential travel," which is why Airbnb's 'Experiences' service has grown by 2,500 percent since its launch in November, says Riccardo Ulivi, the division's head of North America.
For the full interview, [click here](https://cheddar.com/videos/airbnbs-experiences-economy).
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
