Consumer Savings and Debt Rates
Neil Irwin talked about Americans' current savings to debt ratio in comparison to recent years, and he responded to telephone calls and… read more
Neil Irwin talked about Americans' current savings to debt ratio in comparison to recent years, and he responded to telephone calls and electronic communications. According to Mr. Irvin, the increased rate in savings and decrease in debt is the result of banks lending less rather than consumers spending less.
C-SPAN’s Nancy Calo read news headlines at the end of the program. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
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