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Sure, consumers savings are down, but so is their debt

Debt balances rising back to the pre-pandemic trend would make those households responsive to the Fed hikes. The day "excess savings" overall run out is less important than when "less debt" ends.

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Consumers Savings Are Down, But So Is Their Debt

Consumers Savings Are Down, But So Is Their Debt
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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Inflation Will Move to Nearly 3 Percent By 2024: Philadelphia Fed President

Inflation Will Move to Nearly 3 Percent By 2024: Philadelphia Fed President
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Fuller Treacy Comment of the Day - Americans Have Almost Depleted Excess Savings, SF Fed Study Says, and more

Comment of the Day 22nd August 2023 Video commentary for August 22nd 2023 A link to today s video commentary is posted in the Subscriber s Area. Some of.

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Americans burning through excess savings from the pandemic, SF Fed study says

Americans burning through excess savings from the pandemic, SF Fed study says
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