Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
First publishedAug 11, 15:08 UTC
Last updatedAug 11, 16:07 UTC · 16m ago
1 outlet
CNBC Top News
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Answer
Credit card balances are ticking higher mid-way through the year, according to a new report on household debt from the Federal Reserve Bank of New York.
Reported by 1 outlet — CNBC Top News. See all sources ↓
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Why it matters
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In brief
- What's the story?
- Credit card balances are ticking higher mid-way through the year, according to a new report on household debt from the Federal Reserve Bank of New York.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 16m ago.
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Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
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Related in the knowledge graph
organizationCreditorganizationFederal Reserve BankorganizationK-shapedorganizationNew YorkorganizationNew York Fed
Sources (1)
Avg source rating 7.0/10Processing cluster
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