Forex
globalreutersFebruary 13, 20251 Mins read
NY Fed: Q4 total household debt rose 0.5% to $18.04 trillion
globalreutersFebruary 13, 20251 Mins read - Household debt up $3.9 trillion since 2019
- Overall consumers ‘in pretty good shape’ in terms of debt
- Aggregate delinquencies up slightly in Q4 to 3.6% from 3.5%
- Credit card balances rose $45 billion to $1.21 trillion
Don’t underestimate the US consumer.
This article was written by Adam Button at www.forexlive.com.
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