The Federal Reserve Bank of New York released Monday the findings of its June 2014 Survey of Consumer Expectations (SCE), revealing a slight uptick in economic hopes among Americans as housing expectations remained flat.
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Debt Rises, but Who’s Borrowing?
In a report released Tuesday, the Federal Reserve Bank of New York noted that aggregate consumer debt rose from last quarter, noting an increase of $241 billion dollars in the fourth quarter of 2013. The figure represents the largest quarter-to-quarter increase since 2007.
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