Healthier US household debt may limit impacts of US Fed rate hikes
https://www.spglobal.com/market-intelligence/en/news-insights/articles/2026/9/healthier-us-household-debt-may-limit-impacts-of-us-fed-rate-hikes-106422006
Posted by NazReidismypresident
2 Comments
Something that also lowers inflation is raising taxes. Let’s see if there is any appetite amongst the American public to have their taxes raised. I am guessing the answer is no, which is why Democrats should do everything in their power to put all this on Trump and the GOP.
So many surprises in this article.
Consumer debt is flat since Covid? I thought people were piling in more credit card debt (per dozens of YouTube channels on my feed).
$63K in average debt per person is not a problem? I’m sure if you butter all mortgage debt across all people in the country, it would be high, but it seems extremely high. But it’s really pre-Covid levels?
I guess the only non-surprise is the idea that higher rates isn’t going to help with wartime diesel inflation.
Still, this article feels off, or the bubble I’m in is wrong.