Americans will run out of pandemic savings next month, Fed warns

Americans will burn through all their pandemic savings by the end of September, according to estimates by the Federal Reserve. Research by economists at the Federal Reserve Bank of San Francisco found Covid-related savings in the US had fallen to less than $190bn (£149bn) in June. This was down…#federalreserve #federalreservebank #timdrayson #legal #sociétégénérale #klausbaader #telegraph
Source: Reuters: Health - Category: Consumer Health News Source Type: news