2min chapter

Face the Nation with Margaret Brennan cover image

What's Next After the Nation Avoids its First Default

Face the Nation with Margaret Brennan

CHAPTER

The Fed Sets Rates for the First Time in a Year

There were also layoffs in the tech sector and a sharp rise in black unemployment that pushed up the overall jobless rate. In a recent Gallup poll, 55% of people believe their financial situation is only fair or poor. Fewer Americans have $400 squirreled away for an emergency. Loan applications down roughly 30% from a year ago.

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