American Viewpoints

We're Still Falling Behind - Wages, Inflation, And Your Finances


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Inflation is coming back down to earth and it's rising at a lower rate than before. That's the good news. The bad newes is that today's inflation - while better - piles on top of the high inflation over the past few years. A new report says what most of us already feel: wages have not kept up with inflation. In other words, we've fallen behind and it could take years for many people to catch up financially.
In this discussion, Bankrate.com's Sarah Foster explains what the new study found and what it means to our personal finances.
For more information: https://www.bankrate.com/banking/federal-reserve/wage-to-inflation-index/
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American ViewpointsBy Mike Ferguson

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