I can take this one.
You're right that there's strong growth in savings. In our forecasts, we assumed that most of these higher savings would be permanent. Households will use them to pay down debt or to invest. We believe that they will spend some, but not most, of these savings.
It's also possible, particularly once there is a vaccine, that households will spend more than we have forecast. If so, the economy will bounce back more quickly. We shall see.
We use our judgment when making forecasts. There are a few upside risks, but also some downside risks.