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  • Writer's pictureAIM Team

If Fed Policy Is Still Easy, Consumers Aren’t Getting the Memo

The Federal Reserve stated that interest rates are still low enough to stimulate the U.S. economy. New data from a University of Michigan survey suggests that may no longer be the case.

The amount of U.S. consumers who cited low interest rates as a reason to make a large purchase fell to 14 percent on average this month, down from 32 percent two years earlier.



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