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Federal Reserve Survey: Higher prices have negatively affected most households

Federal Reserve Survey: Higher prices have negatively affected most households
A fed survey of US households reports:A decline in financial well-being from a recent Fed survey of consumersHigher prices have negatively affected most householdsOne-third of households cited inflation as their main financial challenge73% of respondents say they were doing at least okay financially in 2022 versus 78% in 2021Those saying they were worse off rose to 35%, the highest since the question was 1st asked in 2014More workers received and asked for a pay increase or promotion in 2022 ve... Read More
Posted: May 22 2023, 14:33
Author Name: forexlive
Views: 102237

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