Reported 1 day ago
A recent survey by the New York Federal Reserve indicates that Americans feel more secure about their jobs this year, with fewer expecting unemployment to rise. However, worries about household income growth, which has reached the lowest expectation since May 2021, and tight credit conditions persist. Many are also concerned about meeting debt obligations, with an increase in those anticipating difficulties with payments. Inflation expectations remain steady at around 3%. The survey highlights a complex picture of optimism in job security contrasted with financial anxiety.
Source: YAHOO