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From Food to Mortgages, Being American Is Very Expensive

From Food to Mortgages, Being American Is Very Expensive

FromBig Take


From Food to Mortgages, Being American Is Very Expensive

FromBig Take

ratings:
Length:
26 minutes
Released:
Dec 11, 2023
Format:
Podcast episode

Description

The cost of living in America has increased significantly since 2020, when the Covid-19 pandemic triggered a sudden deceleration of the world’s largest economy. Three years later, the spike in inflation that followed is finally easing as the US Federal Reserve aims optimistically for a soft landing.
But that doesn’t mean the price of goods and services is falling back to Earth—at least not right away. Bloomberg reporters Reade Pickert and Jennah Haque crunched the numbers to see just how much more Americans are shouldering in their everyday expenses compared with pre-pandemic levels.
Read more: Just How Bad Is the US Cost-of-Living Squeeze? We Did the Math 
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK 
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Released:
Dec 11, 2023
Format:
Podcast episode

Titles in the series (100)

Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.