Categories
Uncategorized

Household debt jumps the most in 12 years, Federal Reserve report says – CNBC

Household debt surged by more than $600 billion in 2019, marking the biggest annual increase since just before the financial crisis, according to the New York Federal Reserve. Total household debt balances rose by $601 billion last year, topping $14 trillion…

Household debt surged by more than $600 billion in 2019, marking the biggest annual increase since just before the financial crisis, according to the New York Federal Reserve.
Total household debt balances rose by $601 billion last year, topping $14 trillion…
Read More

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *