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Record Household Debt, Jump In Delinquencies Signal "Worsening Financial Distress", Fed Warns
Record Household Debt, Jump In Delinquencies Signal "Worsening Financial Distress", Fed Warns While the market remains focused on tomorrow's CPI print, and to a lesser extent the April retail sales reports due at the same time, which will both be released at 8:30am on May 15. we should to flag another important report that doesn’t typically get a lot of attention: the New York Fed’s Household Debt and Credit Report for 1Q 2024 which was just published, and where the latest data
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