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Business
Credit card debt rises to $1.26 trillion, nearing all-time record
U.S. credit card debt has climbed to $1.26 trillion, nearing an all-time record as consumers struggle with high interest rates and loan payments.
3 trends tracked about this subject — the full history, oldest to newest below.
U.S. credit card debt has climbed to $1.26 trillion, nearing an all-time record as consumers struggle with high interest rates and loan payments.
NY Fed President Williams signals a willingness to raise rates if inflation fails to decline, challenging current market pricing expectations.
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