Americans ' $2 Trillion in Pandemic Savings Nearly Exhausted

American consumers' savings cushion is no longer that cushiony, according to new Federal Reserve research. The savings people accumulated during the pandemic, which at one point topped $2 trillion, are due to run out this quarter, the Federal Reserve Bank of San Francisco said in a study released…#federalreserve #federalreservebank #hamzaabdelrahman #luizoliveira #pymnts #ambercarroll #lendingclub #carroll

Source: Reuters: Health - August 17, 2023 Category: Consumer Health News Source Type: news