Browsing: Savings accounts

Economy Poll: Many Americans do not feel financially stable

More than two in five Americans say they do not feel financially stable, with nearly one-third saying they have less than $500 in their emergency savings funds, according to a new survey by Edward Jones and Morning Consult.

Economy Fed analysis: Pandemic savings boom could be fueling inflation

A dramatic increase in the rate of personal savings during the COVID-19 pandemic—driven in part by federal stimulus—may have contributed to persistently high inflation amid constrained supply, according to an economic analysis published today by Federal Reserve staff.

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