The Most Terrifying Economic Data Hidden in Plain Sight


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62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds. The number of Americans who say they are stretched too thin has shown no signs of improvement amid high prices and higher interest rates. Federal Reserve Chair Jerome Powell recently said “inflation is still too high,” indicating that interest rates will stay higher for longer. One bright spot: Some online savings account rates are now paying more than 5%, which is the most savers have been able to earn in nearly two decades. #jobs #inflation #economy #employment #unemployment #USEconomy #stockmarket

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