Jobs Up Prices Up Real Wages Down | Durham News
The economy’s sending confusing signals—jobs are up, but prices are soaring, leaving Americans feeling financially squeezed. Treasury Secretary Scott Bessent admits people are “torched” by inflation, even as spending holds steady and delinquencies stay low. He stresses the need to boost real wages and bring down inflation, while also tackling housing woes caused by high borrowing costs—not just rate cuts, but more supply and smarter market policies. Gas prices may ease with global tensions calming, offering a glimmer of relief.
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