Fed's Powell Calls U.S. Economy "Robust" as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008

Wall Street On Parade, Released on 10/27/22

At Fed Chair Jerome Powell's press conference on September 21, he made a remark that went unchallenged by the bevy of reporters in attendance. Powell said this:

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Fed's Powell Calls U.S. Economy "Robust" as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008 added by Herman James on 10/28/2022View all posts by Herman James ?+'