Credit Card Debt And The Fed

CAP Associate at Capital Group • Jan 10, 2023 at 4:25 PM EST

People are increasingly taking on credit card debt in order to finance their purchases.

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People are increasingly taking on credit card debt in order to finance their purchases. Credit card data is important because it shows that the economy is slowing, just what the Fed wants.

Video Length: 00:00:34

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Disclaimer:

These views are not investment advice, and should not be interpreted as such. These views are my own, and do not represent my employer. Trading has risk. Big risk. Make sure that you can balance your risk/reward, and trade small, and trade often.

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