Tag: Federal Reserve Bank of New York
As credit card debt climbs, so does the financial pain
From young professionals to near retirees, many Rhode Islanders are struggling with rising credit card debt, financial advisers say.
Some clients are delaying major life...
U.S. inflation rose slightly last month after 2 years of steady...
WASHINGTON (AP) – Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases...
Food, housing prices fuel U.S. inflation in December
WASHINGTON (AP) – Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to...
U.S. consumer inflation eased again to 6.5% in December
WASHINGTON (AP) – Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation's grip on the economy will continue to ease this...
U.S. household debt exceeds $14 trillion for the first time
WASHINGTON – Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance existing mortgages,...
U.S. inflation expectations slip to record low in Fed survey
NEW YORK – A gauge of inflation expectations from the Federal Reserve Bank of New York fell in September to the lowest level in...
BauerFinancial: U.S. consumer debt exceeds 2008 peak
PROVIDENCE – Consumer debt has grown to more than $13.5 trillion nationwide, exceeding the 2008 peak by $869 billion and more than 21 percent...
Student debt onus in U.S. approaching $1.5T
NEW YORK - Outstanding student loan debt increased by $37 billion in the third quarter and stood at $1.44 trillion as of September 30,...
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