Prologue Journal

What Fed Hikes? Much of Consumer Debt Is Still Riding Ultralow Rates

• prologu5
• 07/27/202307/27/2023

Wall Street Journal

One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto loans made before 2022.

https://www.wsj.com/articles/what-fed-hikes-much-of-americas-consumer-debt-is-still-riding-ultralow-rates-e10ab199