NY Fed Links Crashing Consumer Sentiment to K-Shaped Economy (opens in new tab)

Lower-income Americans are facing high levels of economic insecurity and financial strain, according to the Federal Reserve Bank of New York. These pressures have contributed to consumer sentiment dropping to levels near or below those seen during the Great Recession and the pandemic, New York Fed researchers Gizem Kosar, Ishva Mehta and Wilbert van […] The post appeared first on <a href="