Savings rate drops to 2.6 percent as of April, Liz Thomas notes

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28.05.2026

Savings rate drops to 2.6 percent as of April, Liz Thomas notes — Savings rate hits lowest since 2022

Liz Thomas reports that the personal savings rate has declined in recent months, reaching 2.6 percent as of April. This marks the lowest level since June 2022.

She also cautions that savings data from 2022 through 2024 have been subject to significant revisions in both directions.

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Thomas recently reported over 60 percent probability of a rate hike as Jerome Powell’s Fed term ends. She also noted the 10-year Treasury yield at 4.56 percent in that context. In a separate update, Thomas described the latest FOMC minutes as the most hawkish since July 2023, with members open to further rate hikes if inflation persists.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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