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