Americans Tap Pandemic Savings to Cope With Inflation - The Wall Street Journal

With wage gains lagging behind soaring inflation, U.S. households are starting to dip into the huge pile of savings they accumulated over the first two years of the pandemic.

Americans are starting to dip into the huge pile of savings they accumulated over the first two years of the pandemic. From the start of the pandemic to the end of 2021, U.S. households built up $2.… [+187 chars]

full article...