Comment on Americans are exhausting their excess savings - and could run out funds this quarter, Fed study says

Americans are exhausting their excess savings - and could run out funds this quarter, Fed study says

Moe Zoyari/Bloomberg Americans are burning through their savings and could run out funds as early as this quarter, a Fed study showed. As of June, Fed estimates show US households held less than $190 billion of aggregate excess savings. With excess savings dwindling, Americans have leaned on their credit cards for spending.

 

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