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Economy | The Seattle Times

Economy

Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chair; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.

High interest rates are hitting poorer Americans the hardest

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 Chris Nunn, who says he has too little credit and too much debt to buy a home, and his rent keeps rising, in Louisville, Ky., May 9, 2024. The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling. (David Kasnic/The New York Times) XNYT0392

The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.

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