The Wall Street Journal – Record Gas Prices Hit Americans’ Start to Summer Travel Season

Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his thoughts on inflation trends and household cash balances.
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Original article by Hardika Singh

 

Jake Remley, Senior Portfolio Manager at Income Research + Management, shared his thoughts on inflation trends and household cash balances. Jake noted that while pandemic monetary stimulus has helped household cash balances to remain strong, the cash cushion is starting to erode.

 

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Data provided as of January 2, 2024
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