As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history. By some financial measures, U.S. consumers are better off than they’ve been in decades.
Record US household wealth may increase chance of soft landing
As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history. By some financial measures, U.S. consumers are better off than they’ve been in decades.