2min chapter

Moody's Talks - Inside Economics cover image

Poor Policy, Plunging Home Prices, and a Plummeting Pound

Moody's Talks - Inside Economics

CHAPTER

The Pandemic and Consumers' Firepower in the Economy

High income households, and also government support winth a lot of middle and lower ancome households. And that excess saving built dramatically during the pandemic. Ed factad piquedit, by our calculation, in december of 20 21,. So at the end of last year, at two point seven trillion dollars. It's been coming down ever since.

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