Claim False
Households' $1.5 trillion in excess savings from pandemic relief progra...
Jamie Dimon: Households' $1.5 trillion in excess savings from pandemic relief programs would run out. Published Dec 6, 2022. Status: False. Boston Fed analysis...
Households' $1.5 trillion in excess savings from pandemic relief programs would run out.
FactTracker assessment
Boston Fed analysis (2023) notes that households have not yet depleted the excess savings accumulated during...
Verification rule: Event occurs: Households' $1.5 trillion in excess savings from pandemic relief programs would run out.; window 2022-12-06 to 2023-06-30
Original source: foxbusiness.com