Calculated Risk: NY Fed Q2 Report: Household Debt Increased Slightly, Mortgage Balances "Unchanged"
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A top ranked economics and finance blog with a focus on the housing market
The Federal Reserve Bank of New York recently issued a warning that Americans may be undergoing a credit crunch. Ten days later, on July 26, the national Federal Reserve Board voted to hike interest rates again by a quarter of a percentage point.
July 10, 2023- Board of Governors of the Federal Reserve System (Federal Reserve) Vice Chair for Supervision Michael S. Barr gave a speech at the Bipartisan Policy Center entitle...
June 12, 2023 The Accountability Through Confirmation Act and the Protecting Small Business Information Act have each been introduced to reform the Financial Crimes Enforcement Network ...
NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the May 2023 Survey of Consumer Expectations, which shows that…