Hidden excess: New study reveals surprising amount of US savings – soft landing ahead

The Federal Reserve San Francisco branch have published a piece in which they conclude that excess US savings may be much larger than previously estimated and is likely to last into the middle of 2024.

  • latest update implies that around $430 billion of excess savings remains in the aggregate economy.

This is supportive of a soft landing for the US economy ahead.


This article was written by Eamonn Sheridan at www.forexlive.com. Source