Robert DiClemente Quotes
The wealthiest households took the hardest hit from the equity slide over the past two years and had the largest debt exposure. Since these high-income households are in the best position to withstand deterioration in their financial positions, the shocks are likely to have a limited effect on overall consumer spending.
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Wealthiest | Households | Hardest | Equity | Slide |
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With higher inflation still a tangible threat, officials cannot rule out the possible need to move beyond neutral.
- Robert DiClemente
