How low-income people pay the steepest price when inflation hits
• The annual inflation rate likely eased somewhat in April, but not enough to meaningfully reduce the burden on lower-income Americans.
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• The annual inflation rate likely eased somewhat in April, but not enough to meaningfully reduce the burden on lower-income Americans.
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• Last week’s economic news was dominated by the report that the Federal Reserve cut the federal funds rate quarter of a percentage point, and that the Fed had to intervene in the overnight repurchase market. 90.7’s Matthew Peddie sat down with economic analyst Hank Fishkind to talk about what this means for Central Florida’s economy.
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• The Federal Reserve raised interest rates, Congress passed a budget, and Florida released its latest employment numbers last week. That’s kept economic analyst Hank Fishkind busy.
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