Government aid, stock gains push U.S. wealth to pre-pandemic levels, Fed says
BUSINESS
September 21, 20203 min read, 509 words

Government aid, stock gains push U.S. wealth to pre-pandemic levels, Fed saysGovernment aid, stock gains push U.S. wealth to pre-pandemic levels, Fed says

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Published: September 21, 2020  |  3 min read, 509 words
By WASHINGTON (Reuters) - A rebounding stock market and massive federal aid payments pushed the net worth of U.S. households back to pre-coronavirus levels in the second quarter, the Federal Reserve reported on Monday, with savings accounts and equity portfolios both rising sharp...
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