beSpacific · @bespacific
578 followers · 916 posts · Server newsie.social

and Report shows debt owed by Americans jumped by $61B from previous quarter. Credit card balances reached an all-time high surpassing the previous record of $927B set in 2019 after rising by $130B from December 2021 to December 2022. Over 4% of the credit card debt currently owed in the U.S. falls in the "serious delinquency" category. newyorkfed.org/microeconomics/

#newyorkfed #household #debt #credit #creditcard #economy #financialsystem #FederalReserve #financialstability #risk

Last updated 1 year ago

jrosenberg · @jrosenberg
15 followers · 138 posts · Server mstdn.social

Gianluca Benigno and Carlo Rosa, “Is There a Bitcoin–Macro Disconnect?,” Federal Reserve Bank of New York Liberty Street Economics Blog, February 8, 2023

— Available here: libertystreeteconomics.newyork.

#libertystreeteconomics #newyorkfed #macro #macroeconomicnews #Bitcoin #digitalassets #cryptoassets

Last updated 2 years ago

CryptoNewsBot · @cryptonewsbot
37 followers · 1850 posts · Server schleuss.online