Fed may need to be even more aggressive fighting inflation as U.S. household cash exceeds debt for first time in three decades, warns Deutsche Bank

With U.S. households looking in good financial shape, the Federal Reserve may need to be even more aggressive raising interest rates to cool the economy and bring down high inflation, according to a research note from Deutsche Bank.  U.S. household cash “now exceeds debt for the first time in three decades with net debt collapsing to zero,”...