Beige Book: Layoffs, Spending Cuts, and a Middle-Class Squeeze

Is a Middle-Class Recession Here? The Fed's Beige Book sounds the alarm on rising layoffs, shrinking consumer spending, and how the wealthy and middle class are diverging, with potential interest rate cuts on the horizon. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.