Tag Archives: New York Federal Reserve

A study from WalletHub found that 76% of people support a cut in the Federal interest rates, and the probability of a rate cut increases as 2019 continues. WalletHub states that there is a 23% chance the Federal Reserve will ...

The Federal Reserve Bank of New York recently released its quarterly report on Household Debt and Credit. Read on to discover the data breakdown for Q3 2017.

The August 2016 Survey of Consumer Expectations shows labor market expectations were mixed, according to a recent report from the Federal Reserve Bank of New York.

The number of individuals who had a foreclosure notation added to their credit reports in Q1 was 112,000, the lowest total since 1999, while the number of consumers who had bankruptcies added to their credit reports dropped by 4 percent from Q4 to Q1 down to the lowest point since 2006.

Consumers' median earnings growth expectations were 2.5 percent for the year ahead in December, the New York Fed revealed. While that marks a step back from November's reading of 2.7 percent, it's still the second-highest reading since the start of that measure in July 2013.

The New York Fed recorded an increase of $129 billion in national outstanding household debt in the first three months of the year, bringing the total debt level up to $11.65 trillion. It was the third straight quarterly gain. Leading the increase was a rise in mortgage debt, which was up by $116 billion from the end of 2013, according to the bank.