The Federal Reserve released numbers this week that showed an annual percentage rate increase of 3.1 percent as measured in June, a moderated pace from the previous month when that pace was 7.5 percent. Takeaway 1: The Credit Pace Slows The latest tally also showed...
The level of U.S. consumer debt logged in January, measured in the amount outstanding, posted its smallest advance in roughly five years, as credit card balances dropped. As reported by Bloomberg News, the Federal Reserve showed that the $8.8 billion net gain was the smallest...
March 08, 2017
The level of U.S. consumer debt logged in January, measured in the amount outstanding, posted its smallest advance in roughly five years, as credit card balances dropped. As reported by Bloomberg News, the Federal Reserve showed that the $8.8 billion net gain was the smallest addition since July of 2012. The tally also was below […]
