Americans’ Confidence In Fed Chair Hits Record Low As Inflation Batters Households
May 09, 2023 at 14:05 PM EDT
American households, battered with two years of negative real wage growth and observing a flurry of news headlines about regional bank failures and increasing recession risk, are losing faith in Federal Reserve Chair Jerome Powell’s ability to ‘do the right thing for the US economy.’ The skepticism is driven by their increasing belief that the […] Source