New York Fed Reports Slight Decrease in Household Debt, Steady Credit Card Delinquencies
The Federal Reserve Bank of New York's Center for Microeconomic Data has released its Quarterly Report on Household Debt and Credit, showing a slight decrease of $13 billion (0.1%) in total household debt in Q2 2026, bringing the total to $18.8 trillion. The report also indicates that credit card delinquency transition rates remained steady.
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