The Federal Reserve has a keen interest in measuring the effectiveness of financial education programs. For example, we hosted a forum on best practices in credit education, which focused on effective educational tools and techniques and identified programmatic challenges and issues.
In fact, we would even get an extra boost from pent-up demand. For instance, as showrooms reopen, car sales could bounce back, fuelled by a rebound in household income and low borrowing costs. We could see a similar rebound in home resales and home construction, as transactions and projects that were put on hold restart.