NY Fed: US Q3 credit card debt up on strong economy, as credit woes tick higher

Capt. John

U.S. total household debt levels rose in the third quarter amid strong growth in credit card borrowings fueled by a hot economy, although there were mounting signs some borrowers are facing increased challenges managing the money they’ve borrowed, a report from the Federal Reserve Bank of New York...

https://www.hellenicshippingnews.com/ny-fed-us-q3-credit-card-debt-up-on-strong-economy-as-credit-woes-tick-higher/

Leave a Comment