Fed Report Calls Consumers Who Save "Hoarders" – ValueWalk Premium
Daniel Tarullo Federal Reserve

Fed Report Calls Consumers Who Save "Hoarders"

Banks and consumers have saved more money than at any point in the last five years, so why haven’t we seen a strong rise in gross domestic product statistics or even a significant boost in inflation?  Consumers are “hording” money, says a new study by the St. Louis Federal Reserve.

Fed blames consumers for the low level of money movement
The white paper . . .

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