Consumers Are Tightening Their Wallets
June 27, 2022
Inflation and rising interest rates remain top of mind for consumers despite a strong labor market
Inflation and rising interest rates remain top of mind for consumers despite a strong labor market
Consumer spending is up, but so are inflation, housing prices, concerns about the war in Ukraine, and supply-chain disruptions from Covid-19 which are leading to mixed readings about consumer confidence
The Federal Reserve is getting plenty of advice as its policymaking committee prepares to meet today and Wednesday amid expectations that the central bank will lift interest rates by a modest quarter-point.
As the United States and Europe struggle to get their economies rolling, China is having the opposite problem – keeping its revved-up economic growth engine
Unemployment figures for December will be released Friday and there’s an expectation the rate will fall back under 10 percent. After increasing to 10.2 percent
Inflation and rising interest rates remain top of mind for consumers despite a strong labor market
Consumer spending is up, but so are inflation, housing prices, concerns about the war in Ukraine, and supply-chain disruptions from Covid-19 which are leading to mixed readings about consumer confidence
The Federal Reserve is getting plenty of advice as its policymaking committee prepares to meet today and Wednesday amid expectations that the central bank will lift interest rates by a modest quarter-point.
As the United States and Europe struggle to get their economies rolling, China is having the opposite problem – keeping its revved-up economic growth engine
Unemployment figures for December will be released Friday and there’s an expectation the rate will fall back under 10 percent. After increasing to 10.2 percent
