Credit Card Surge: America’s $1.03 Trillion Wake-Up Call in Q2 2023″
The Federal Reserve Bank of New York’s recent data reveals a sharp rise in credit card balances, reaching $1.03 trillion in Q2 2023. This increment, a jump of $45 billion from the last quarter, stands out as the most significant among all debt categories the NY Fed has examined. After a period of impressively low […]
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