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Where Did Americans’ Savings Go?
Published : 27-04-2023 | View : 1,198,334 | Duration : 00:11:57
Channel : CNBC | like : 11,985 | dislike : 0
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Description :
The trillions in excess personal savings built up in the pandemic are beginning to vanish amid high inflation, according to Federal Reserve economists. The monthly saving rate fell to a 15-year low in 2022. It started a recovery in 2023, but remains well below long-term trends. Despite this slowdown...


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