Is the Stimulus Effect Fading?

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  • Bloomberg Markets and Finance published this video item, entitled “Is the Stimulus Effect Fading?” – below is their description.

    The boost from the U.S. government’s $1.9 trillion Covid-19 relief package, launched in March, may already be fading. Retail sales showed unexpected weakness in April, defying forecasts, while at the same time, the savings rate skyrocketed. What does the data reveal about the post-stimulus economy? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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