The Long and the Short of It: Financial Fragility in America

A person using a calculator next to a stack of invoices and a binder on a wooden table, representing financial calculations and bookkeeping.

While Americans’ long-term financial security is essential, a target deserving of equal – if not more – attention has been overlooked, namely short-term financial security. A large number of U.S. households are financially fragile today, and their well-being as well as that of the entire economy rests on households’ capacity to deal with shocks.Read More