A new report shows more Americans are under the stress of rising credit card balances. At the start of this year, Americans’ ...
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
Credit card industry figures show that consumers are feeling financially stressed. getty. Consumer Stress Is On The Rise ...
Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.
There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the ...
Americans are not OK financially, according to the Philadelphia Federal Reserve. The share of active credit card ...
The Fed paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, ...
So far, the central bank has moved slowly to recalibrate ... recently jumped to a 12-year high, according to a Philadelphia Federal Reserve report. "That means it is maybe more important ...