Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Might Be Saving You From Drowning in Debt
Episode 36 of Wages and Prices with Fexingo. Hosts Lucas and Luna look at a surprising trend: despite real wage growth finally turning positive in early 2026, household debt payments are consuming a record share of disposable income. They break down how the average raise of about 2.5% over the past year is being offset by rising credit card and auto loan costs. Using data from the New York Fed's latest household debt report and the Bureau of Economic Analysis, they explain why the 'raise feels like a lateral move' isn't just about inflation anymore—it's about the debt…
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