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US Savings Rate Drops to 2022 Low as Inflation Outpaces Wages

Americans' savings rate has fallen to its lowest level since 2022, as inflation continues to outpace wage growth, reducing disposable income.

28 May, 17:14 — 28 May, 17:14
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cnbcMostly Factual6d ago

Americans’ savings rate falls to lowest level since 2022 as inflation outpaces paychecks

As inflation starts outpacing wages again, Americans have less money to put aside for emergencies and other savings goals.

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