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Credit card delinquencies surge as Americans battle high inflation, interest rates

Por: Fox Business Business January 15, 2024

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Portfolio Wealth Advisors President and CIO Lee Munson discusses the expected release of big bank earnings, the Fed's rate cuts and shares his market outlook for the year. A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates, according to new data published by the Federal Reserve Bank of Philadelphia. All stages of credit card delinquency – 30,... + full article



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