Birdwatch Note Rating
2024-01-17 10:06:29 UTC - HELPFUL
Rated by Participant: 39DE11B1C507C368354E3EEB2E8949E9B0FB6979B41715B39881BACE431A7122
Participant Details
Original Note:
The 2022 Survey of Consumer Finances by the Federal Reserve Bank found that approximately 98.6% of American households possess checking or similar accounts, with the median balance in these accounts reaching $8,000, the highest in the past 30 years. https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/#series:Transaction_Accounts;demographic:all;population:1;units:median
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