US Households held less than $190 billion of aggregate excess savings by June,

after having about $500 billion in March.

The regional central bank says the excess savings are likely to be depleted in the third quarter of 2023.

MarketWatch 17 August 2023 

https://www.marketwatch.com/story/heres-when-the-san-francisco-fed-expects-households-to-run-out-of-covid-era-extra-savings-5706db2d


Kommentarer

Populära inlägg i den här bloggen

Cognitive blind spots

Martin Wolf; The next crash - Why this time might not be different

27 juli. Oman. Yemen. Fallande oljepris. Wildfire threatens Bordeaux. Dance While The Music Still Goes On. Huawei.