North America
06:47, 12-Jan-2023
U.S. consumers getting buried under credit card debt
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With inflation still three times higher than the Federal Reserve’s target rate, a potential recession looming, and a central bank bent on cooling a hot labor market – 2023 is poised to deliver a bumpy ride for consumers carrying credit card debt.
A new study shows delinquencies could reach levels not seen since 2010.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466