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Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'How Americans Use Social Media for Financial Advice'
March 29, 2025
PHILADELPHIA, Pennsylvania, March 29 -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a report on March 25, 2025 by Tom Akana, Amber Lee and Larry Santucci entitled "How Americans Use Social Media for Financial Advice."

Social Media Emerges as Popular Source for Financial Advice, Especially Among Young Adults

A recent report from the Consumer Finance Institute (CFI) at the Federal Reserve Bank of Philadelphia reveals that so . . .

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