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Consumers Savings Boom Is Almost Over, Right?
Consumer confidence ebbs and people contract their spending, we are in a world of hurt. Personal savings rate fell to six point two % in march, the lowest since 20 ten. i think it could be a very difficult path ahead for the fet how do you raise rates 400 basis points into a slowing economy? We have china in lock downs. Every company that that's in the manufacturing supply tunico system telling the world that we don't really know what this is going to look like intal to day.