The pandemic years transformed wealth in the US, sowing the seeds of a new form of inequality.

The divide is clear when describing the state of family finances in 2024. Household balance sheets, in aggregate, are arguably in the best shape ever. At the same time, borrowers are getting squeezed as high interest rates make servicing new debt more challenging. This sets up a difficult balancing act for the Federal Reserve as it contemplates policy changes.

QOSHE - Pandemic Homeowners Are the New Envied (and Hated?) Elite - Conor Sen
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Pandemic Homeowners Are the New Envied (and Hated?) Elite

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08.03.2024

The pandemic years transformed wealth in the US, sowing the seeds of a new form of inequality.

The divide is........

© Bloomberg

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