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US Household Debt Hits Record High, Report Says

U.S ... report released Wednesday by the New York Federal Reserve Bank. The figure isn’t adjusted for inflation or population size. Officials at the New York Fed say that while the figure is at historic levels, there is no reason to panic. “This record ... read more

RBA Says It Needs To Continue Assessment Of Household Debt Risks

Investing.com - The Reserve Bank of Australia said household debt levels remain elevated and need to be watched closely, according to thee minutes of it September policy review released on Tuesday. The RBA held at a record low 1.5% at the meeting. read more

Predicting The Direction Of The Stock Market And The U.S. Economy

Moving now to the economic indicators, let’s start with household debt, which has continued to grow to record levels. In August, the New York Fed published the “Quarterly Report ... horizon. Near-term treasury yields have followed Federal Reserve ... read more

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Aussie Drops After RBA Minutes Renew Concerns On Household Debt

The RBA meeting minutes noted household debt levels remain elevated and need to be watched closely, according to the minutes of it September policy review released on Tuesday. The RBA held at a record ... report. The Federal Reserve Bank of New York says ... read more

Household Debt Hits Record as Auto Loans and Credit Cards Climb

U.S. household debt reached a new record of $12.8 trillion in the second ... now $1.7 trillion higher than it was in 2013, according to the Federal Reserve Bank of New York's quarterly report on household debt and credit. While overall debt has increased ... read more

Household debt burden hits record low, a positive spending sign

WASHINGTON (Reuters) - A measure of the burden of U.S. household ... while a report last month from the New York Federal Reserve Bank said consumer debt rose in the last three months of 2012 for the first time in four years. Near record low interest ... read more

U.S. households owe record amount, topping pre-recession peak

WASHINGTON — U.S. household debt reached a record high in the ... remain below pre-recession levels. Those changes suggest households are still cautious about taking on debt to fuel day-to-day consumption. The Federal Reserve Bank of New York said ... read more

U.S. Growth Starts to Help More People, But Wealthiest Win Most

The long-running U.S. economic expansion is starting to reach down and deliver gains to lower-income Americans, while causing already-wide disparities in earning power and wealth to get even bigger, according to a triennial Federal Reserve survey. read more

Households owe record amount, topping pre-recession peak

WASHINGTON — U.S. household debt reached a record high in the ... remain below prerecession levels. Those changes suggest households are still cautious about taking on debt to fuel day-to-day consumption. The Federal Reserve Bank of New York said ... read more


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