Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Read full story on CNBC Markets
Share
Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
AI disclosure

Summary

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.

Original reporting

Open original source

Related coverage

Read full article on CNBC Markets

Get the AFBytes Brief

Major stories, AI-assisted analysis, and what to watch next. Free, monthly, unsubscribe anytime.