US savings rates decline to 3.5% in July, marking their lowest level since 2008, marking their 24th consecutive monthly decline since mid-2022. US household debt reaches record-high $17.06 trillion. September 4, 2023 9:02 pm
New York Fed: Total Household Debt Reaches $17.06 Trillion in Q2 2023 (increased by $2.9 trillion since the end of 2019); Credit Card Debt Exceeds $1 Trillion for the first time. The Debt Time Bomb is Ticking… August 8, 2023 3:16 pm
