NTD Business (Nov. 2): Economist: US No Longer Has a Middle Class; Fed Signals More Rate Hikes Ahead

Started by Epoch-Times-Bot, Nov 02, 2022, 04:45 PM

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Epoch-Times-Bot

Nov 02, 2022, 04:45 PM
NTD Business (Nov. 2): Economist: US No Longer Has a Middle Class; Fed Signals More Rate Hikes Ahead

The Fed continues its fight against inflation—raising interest rates 75 basis points Wednesday. We talk with an American business to find out if the rate hikes are working.
One of America’s big problems is a shrinking middle class. One top economist says America doesn’t even have a middle class anymore.
A top Republican is pushing back against President Joe Biden. He says the GOP wants to preserve social security—not get rid of it.
Supermarkets are prepping for Thanksgiving amid high inflation. What discount is ALDI offering this year?
A fast food operator cooks up a winning recipe for employees—changing up the work week....

Source: NTD Business (Nov. 2): Economist: US No Longer Has a Middle Class; Fed Signals More Rate Hikes Ahead

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