Weekend Money Markets Roundup January 13, 2024 ...Middle East

Revolving consumer loans (aka credit card debt) hit a new record in the US this week: $1.3 trillion, according to the Federal Reserve’s latest release on consumer debt. At an annualized rate, the category, which mostly consists of credit card balances, spiked nearly 18% in November. Though that growth is a bit slower…Read more...

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