Want to create an interactive transcript for this episode?
Podcast: レアジョブ英会話 Daily News Article Podcast
Episode: More Americans shift money from checking and savings to accounts with investment income, study says
Description: New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay investment income—a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs.
The analysis by JPMorganChase Institute examined the accounts of 4.7 million households and found that people’s total cash reserves are increasing when including new amounts going into brokerage accounts, money market funds and certificates of deposit to assess people’s well-being.
Inflation-adjusted cash balances in checking and savings accounts “remain low with a flat-gro...