Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Your Raise Is Finally Beating Credit Card Interest Rates
In Episode 101, Lucas and Luna dive into the latest data showing wage growth outpacing credit card interest rate hikes for the first time in years. With consumer prices still rising but average hourly earnings hitting $37.60 in June 2026, the gap between what workers earn and what they owe on plastic is narrowing. The hosts break down why this matters for household budgets, how Federal Reserve policy plays into it, and whether this trend can last. Plus, a look at how the cooling job market—with just 57,000 new payrolls in June—might affect your next rate negotiation.
#Wages #CreditCardRates…
The skinny
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