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Wages or prices: Which are rising faster?
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Well, it depends. For some jobs, wage hikes are actually outpacing price increases. But, overall, prices are rising faster. We dig into the data so you know where you stand. Plus, economist Julia Coronado joins the show to break down the latest in financial markets. And, a majority of the emergency housing vouchers approved by Congress to provide pandemic relief are unused. It's because they don't go far enough to cover high rent costs in the booming housing market.
Segments From this episode
Fed officials have different ideas for how to go about raising interest rates. Their conflicting messages are roiling markets.
Julia Coronado, founder and president of MacroPolicy Perspectives, has more.
Some workers are seeing wage increases above the rate of inflation. But, overall, rising prices are outpacing rising wages.
The pandemic response program provided billions of dollars that were meant to help get unhoused people into permanent housing.