New York Fed: Household debt balance rises $197B to $18.6T
Youtube·2025-11-06 01:00
Getting some breaking news out of the New York Fed. For that, we'll turn to Steve Leeman. Morning, Steve. >> Morning, Carl.Household debt, the third quarter New York Fed household debt and credit report, household debt uh balances rising uh by 197 billion. Call it 200 billion to 18.6% trillion. Uh that's a new record, but up only modestly.Mortgage and student loan and credit card debt all rose modestly. He locked debt up a little bit uh more actually a little bit elevated but auto loan debt which we've been ...