Demand destruction occurs when consumers reduce their demand for a certain good in response to persistent high prices or limited supply.
Polo Rocha is a journalist at American Banker, covering national and regional banks. With nearly a decade of experience, he writes extensively about banking, the economy, consumer finance, and fiscal policy, while also exploring themes related to energy and financial markets. Polo's work has been featured in prominent publications such as Digital Insurance, National Mortgage News, and Yahoo Finance.







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