#NewYorkFed #Household #Debt and #Credit Report shows #creditcard 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. #economy #FinancialSystem #federalreserve #FinancialStability #Risk https://www.newyorkfed.org/microeconomics/hhdc
#newyorkfed #household #debt #credit #creditcard #economy #financialsystem #FederalReserve #financialstability #risk
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: https://libertystreeteconomics.newyorkfed.org/2023/02/is-there-a-bitcoin-macro-disconnect/.
#cryptoassets #digitalassets #bitcoin #macroeconomicnews #macro #NewYorkFed #libertystreeteconomics
#libertystreeteconomics #newyorkfed #macro #macroeconomicnews #Bitcoin #digitalassets #cryptoassets
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’ - Nine major financial institutions and the Federal Reserve Bank of New York have st... - https://news.bitcoin.com/new-york-fed-and-9-major-banks-to-test-interoperable-network-of-central-bank-wholesale-digital-money/ #federalreservebankofnewyork #newyorkinnovationcenter #pervonzelowitz #wholesalecbdc #jeromepowell #projectcedar #mastercard #newyorkfed #wellsfargo #bnymellon #chinacbdc
#chinacbdc #bnymellon #wellsfargo #newyorkfed #mastercard #projectcedar #jeromepowell #wholesalecbdc #pervonzelowitz #newyorkinnovationcenter #federalreservebankofnewyork