Forex
globalreutersOctober 21, 20241 Mins read
Even more from Kashkari: Excess savings have been spent down
globalreutersOctober 21, 20241 Mins read - Excess consumer savings have been spent down.
- Lower credit score borrowers delinquencies are climbing.
- On average consumers seem like they are doing fine.
- Monetary policies role in bringing down inflation was probably mainly in anchoring inflation expectations, not on reducing demand.
This article was written by Greg Michalowski at www.forexlive.com.
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