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New Federal Reserve data shows wealth gains cooling among American families amid a spike in loan delinquencies. Released Friday (Oct, 9) the Fed’s latest Survey of Consumer Finances (SCF) covers the years 2022 to 2025, a period in which the gross domestic product grew at an annual rate of around 2.5% and the annual rate […] The post 20% of Americans Behind on Loans, Fed Data Shows appeared first on PYMNTS.com.
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