Gas prices are high, unemployment is low and the tools the federal government has to fight inflation could cause a recession. So how should we think about the economy right now? We asked our econ reporters and a personal finance columnist for advice.
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Businesses and consumers are increasingly worried the U.S. economy will tip into a recession. There are already growing signs that Americans are starting to spend less on dining out, vacation plans and even such routine services as manicures and haircuts. Today on “Post Reports,” we take some of your questions about the economy, and get answers from economics correspondent Abha Bhattarai, personal finance columnist Michelle Singletary and reporter Rachel Siegel, who covers the Federal Reserve.