What is happening to the economy in the United States?
The Unemployment at record lowswhile inflation Historic heights. Created by these factors and more The complex economic situation in the country.
It seems unlikely that Congress is taking some action to support families as they deal with historic increases in the price of food, electricity and utilities. What seems likely is that the Federal Reserve Continuing to raise interest rates in an attempt to reduce borrowing and spending within the market.
As Rebecca Jarvis ABC this week, Right now, it’s not about whether a recession will happen, but how severe it will be when it does.