2 ms·
Savings Rates-- well, compared to 2006 when everyone was leveraged to the hilt to buy just one more condo, sure they are better. But are they actually good? We
by achompas 11y ago
Savings Rates-- well, compared to 2006 when everyone was leveraged to the hilt to buy just one more condo, sure they are better. But are they actually good?
Well they're higher now than they were 15 years ago:
https://research.stlouisfed.org/fred2/series/PSAVERT https://research.stlouisfed.org/fred2/series/PSAVERT
and just slightly off the average over the last two contractions (highlighted in gray).