Fed Report: "Despite generally strong conditions, Council members reported stark differences in economic impact between the โhavesโ and the โhave nots.โ"
"Wealthier parts of their markets are not yet slowed by inflationary pressures, while lower-income households are feeling the squeeze."
Source: https://www.federalreserve.gov/aboutthefed/files/CDIAC-meeting-20221117.pdf
Community Depository Institutions Advisory Council:
The Community Depository Institutions Advisory Council (CDIAC) was established in 2010 by the Board of