U.S. Household Debt Exceeds $14 Trillion for the First Time

Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance existing mortgages, according to a report released today from the Federal Reserve Bank of New York.Total U.S. household debt rose by $601 billion in the fourth

Publisher: Yahoo Finance | Author: Alex Tanzi

TAGS
deficits and economy
DATE PUBLISHED
2020-02-11 (Modified: 2020-02-19)

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