![Fed Survey released, stated inflation has eroded the US households financial security Fed Survey released, stated inflation has eroded the US households financial security](https://digital-bbc.press/wp-content/uploads/2023/05/23-5-Fed-Survey-released-stated-inflation-has-eroded-the-US-households-financial-security-1-600x400.jpg)
Fed Survey released, stated inflation has eroded the US households financial security
On Monday, the Federal Reserve reported that U.S. households’ sense of financial security has eroded because of the inflation wave, which remains elevated and crested at a 40 year high last year. According to other sources, they have delayed purchasing goods or swapped to cheaper options, even reducing their savings options to meet their needs,…