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Nov 16, 2022

New York Fed says consumers are getting deeper in debt

The increase in credit card debt is the biggest in decades, but let’s look beyond. For the Economic Pulse, we speak to the founder of a nonprofit that helps Black business owners get established in the Mississippi Delta.

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The Fed's consumer credit report, due out today, will show whether people are continuing to take on more and more debt.
The Fed's consumer credit report, due out today, will show whether people are continuing to take on more and more debt.
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The Team

New York Fed says consumers are getting deeper in debt