6min chapter

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Newsroom edition: why it feels like a recession even though it’s not

Full Story

CHAPTER

Economic Realities and Consumer Struggles

Exploring the disconnect between the perceived and actual state of the economy, the chapter touches on inflation, rising prices of essential goods, and the repercussions of interest rate hikes on various demographics like homeowners and different age groups. It sheds light on how economic indicators are affecting people's daily lives, emphasizing the challenges posed by stagnant real wages, mortgages, rentals, and overall living standards.

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