Forum Discussion
Reality_Check
Aug 03, 2022Nomad II
2112 wrote:Ok, the Federal Reserve's quarterly report is clickbaitThis is all Fox Business context. Nowhere did I find a link to the actual Federal Reserve's quarterly report. They are all Fox's alternate reality links
Credit card debt held by American households surged by 13% on an annualized basis in the second quarter, representing the sharpest climb since 1999 as consumers increasing rely on credit amid sky-high inflation.
The Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit released Tuesday shows total household debt reached $16.15 trillion at the end of June, an increase of $312 billion from the same quarter a year ago with mortgage, car loan and credit card balances all rising.
LOL, so, what am I missing? ding bat comment
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