Tag: federal reserve
The recession that economists predicted has never materialized. Unemployment has been under 4 percent for more than two years, a low more characteristic of the go-go 1960s than modern times. But although consumer sentiment, as measured by the University of Michigan’s monthly survey, is improving, it is still mired in the same territory that it…
Regular working folks can always find something about their finances to be stressed about. But today’s stress is coming from a new place: a level of inflation this country hasn’t seen in four decades. A large majority of workers – 76 percent – identified rising prices as having a negative impact on their finances. And…
