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Data shows that the U.S. household savings rate has been declining since the beginning of 2024. The current savings rate of 3% is the lowest level since World War II, with similar lows only seen between 2005 and 2007 and in 2022. This weak savings ac

2026-08-29

Data shows that the U.S. household savings rate has been declining since the beginning of 2024. The current savings rate of 3% is the lowest level since World War II, with similar lows only seen between 2005 and 2007 and in 2022. This weak savings accumulation is consistent with what is seen in the New York Federal Reserve's household debt data. In recent years, the proportion of auto loan and credit card borrowers who have fallen into serious delinquency has remained high.

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2026-08-29

A deputy head of branch and corporate banking at the Export Development Bank of Iran said the bank will provide support to clients affected by the war; loan disbursements targeting support for SMEs and knowledge‑based firms have reached 180% of targe

A deputy head of branch and corporate banking at the Export Development Bank of Iran said the bank will provide support to clients affected by the war; loan disbursements targeting support for SMEs and knowledge‑based firms have reached 180% of target.
2026-08-29

Allianz chief economic adviser Mohamed El-Erian said moves in the U.S. Treasury curve today sent two signals. The 2s-10s spread narrowed about 7bps and the 2s-30s spread about 10bps, indicating curve flattening. He said the near-term read is hawkish

Allianz chief economic adviser Mohamed El-Erian said moves in the U.S. Treasury curve today sent two signals. The 2s-10s spread narrowed about 7bps and the 2s-30s spread about 10bps, indicating curve flattening. He said the near-term read is hawkish repricing after Fed Chair KEVIN WARSH's firm commitment to the inf target; the longer-term read is market recognition of the Fed's lasting credibility.
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