Poorer Americans Are Struggling to Make Ends Meet as Energy Costs Bite, Top Fed Official Warns She Could Back September Rate Hike
Boston Fed President Susan Collins says lower-income Americans face rising costs and she could support a September rate hike.
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Why It Matters
Some families with less money are having a harder time paying bills because energy costs went up. The Fed leader said she might vote to raise interest rates, which could make borrowing money more expensive for everyone.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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