The average US credit-card interest rate was 21.5% in May

hovering around its highest level in Fed data going back to 1994. 

The average balance that people carry was around $6,300 in the second quarter, up 31% from the same period in 2021

Wall Street Journal 7 October 2024

https://www.wsj.com/finance/banking/credit-card-debt-interest-63a0046b

 

Households had $986 billion in credit-card debt

https://englundmacro.blogspot.com/2023/06/households-had-986-billion-in-credit.html


Tillbaka till Wall Street och Stockholm 7 oktober 2024

https://englundmacro.blogspot.com/2024/10/wall-street-och-stockholm-7-oktober-2024.html

 


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