Total household debt balances down slightly in Q2, according to New York Fed
CNBC Television·2026-08-11 16:04

New York Fed second quarter household debt and credit report showing little sign of consumer stress despite the higher inflation we've had out there and lackluster job growth. Uh the change on the top line was down 13 billion, but you need to adjust that for some issues that were out there about reporting. So it really gained about 60 billion.The difference being a one-time issue with reporting of mortgage debt that showed a decrease when it was likely flat according to news researchers at the New York Fed. ...

Total household debt balances down slightly in Q2, according to New York Fed - Reportify