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Fed's fight against inflation puts squeeze on middle class

More than half of middle-class Americans say higher borrowing costs are making it difficult to afford groceries, utilities and other basic needs. Despite roaring growth and a resilient job market, more middle-class Americans are worried about the state of the economy than a year ago, a Harris Poll for Bloomberg News has found. One big reason: The rapid increase in interest rates deployed by the Federal Reserve to rein in inflation, which are now expected to remain higher for longer. ....

United States , Rebecca Acuna , John Gerzema , Joe Biden , Tom Maley , Federal Reserve , Consumer Financial Protection Bureau , Harris Poll , Bloomberg News , Consumer Financial Protection , President Joe Biden , Tiffany Bond , Middle East , Ee National ,

Fed's fight against inflation puts squeeze on middle class

More than half of middle-class Americans say higher borrowing costs are making it difficult to afford groceries, utilities and other basic needs. Despite roaring growth and a resilient job market, more middle-class Americans are worried about the state of the economy than a year ago, a Harris Poll for Bloomberg News has found. One big reason: The rapid increase in interest rates deployed by the Federal Reserve to rein in inflation, which are now expected to remain higher for longer. ....

United States , Rebecca Acuna , Joe Biden , John Gerzema , Tom Maley , Federal Reserve , Consumer Financial Protection Bureau , Harris Poll , Bloomberg News , Consumer Financial Protection , President Joe Biden , Tiffany Bond , Middle East ,

Fed's fight against inflation puts squeeze on middle class

Fed's fight against inflation puts squeeze on middle class
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United States , Tom Maley , Rebecca Acuna , Joe Biden , John Gerzema , Federal Reserve , Consumer Financial Protection Bureau , Harris Poll , Bloomberg News , Consumer Financial Protection , President Joe Biden , Tiffany Bond , Middle East ,