Thursday , 13 February 2025
Home Forex NY Fed: Q4 total household debt rose 0.5% to $18.04 trillion
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NY Fed: Q4 total household debt rose 0.5% to $18.04 trillion

  • 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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