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📈 Macroeconomics

Inflation Alert! Kansas City Federal Reserve Bank President Esther George: “While high savings is likely to provide momentum to consumption and require higher interest rates,”

Source: https://www.bnnbloomberg.ca/fed-s-george-says-higher-us-savings-may-also-mean-higher-rates-needed-1.1849990

Inflation Alert! Kansas City Federal Reserve Bank President Esther George: “While high savings is likely to provide momentum to consumption and require higher interest rates,” “But that said, reduced inflation will mean we have to incent saving over consumption.

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