the roots of economic populism; Why do Americans not feel good about the state of the economy despite the prosperity of the indices? ▫ The American economy seems strong at first glance; The stock market is booming, consumers are still spending, and the unemployment rate is low. But in everyday life, many people face increasing cost pressure. ▫ Since the corona epidemic, the price of food has increased by more than 30%, the rent by more than a third, and the cost of car insurance has increased by about 50%. After a relative decline, inflation accelerated again under the influence of the Iran war and the rise in energy prices. ▫ The increase in the price of fuel, especially diesel, increased the cost of transportation and ultimately the price of goods. At the same time, wage growth failed to keep up with inflation and the purchasing power of households decreased. ▫ The housing market has also become more difficult for new buyers; Apartment prices increased by 50% and mortgage interest rates increased from less than 4% to more than 7%. ▫ This video report was prepared by Bloomberg and Eco-Iran presents it with Persian subtitles.

the roots of economic populism; Why do Americans not feel good about the state of the economy despite the prosperity of the indices? ▫ The American economy seems strong at first glance; The stock market is booming, consumers are still spending, and the unemployment rate is low. But in everyday life, many people face increasing cost pressure. ▫ Since the corona epidemic, the price of food has increased by more than 30%, the rent by more than a third, and the cost of car insurance has increased by about 50%. After a relative decline, inflation accelerated again under the influence of the Iran war and the rise in energy prices. ▫ The increase in the price of fuel, especially diesel, increased the cost of transportation and ultimately the price of goods. At the same time, wage growth failed to keep up with inflation and the purchasing power of households decreased. ▫ The housing market has also become more difficult for new buyers; Apartment prices increased by 50% and mortgage interest rates increased from less than 4% to more than 7%. ▫ This video report was prepared by Bloomberg and Eco-Iran presents it with Persian subtitles.