(MT Newswires) -- Treasury Secretary Janet Yellen says middle-class American households have more wealth and higher incomes than before the pandemic.
Despite annualized economic growth of around 3% and inflation close to 3%, with notable price cuts for key goods such as televisions (-28%), used cars (-11%) and gasoline (-$1.90/gallon since June 2022), there is still much to be done to reduce costs for consumers, particularly on essential products.
