The Zhitong Finance App learned that the latest data released by the New York Federal Reserve on Tuesday showed that the US consumer credit situation improved somewhat in the second quarter. The share of loan balances overdue for at least 30 days declined slightly, and some new overdue indicators also declined somewhat. However, the new overdue rate for credit cards and auto loans is still at a high level, while the new mortgage overdue rate has risen to the highest level since 2015, indicating that under high interest rates and continuing inflationary pressure, there are still hidden concerns about the financial situation of American households.

The Zhitong Finance App learned that the latest data released by the New York Federal Reserve on Tuesday showed that the US consumer credit situation improved somewhat in the second quarter. The share of loan balances overdue for at least 30 days declined slightly, and some new overdue indicators also declined somewhat. However, the new overdue rate for credit cards and auto loans is still at a high level, while the new mortgage overdue rate has risen to the highest level since 2015, indicating that under high interest rates and continuing inflationary pressure, there are still hidden concerns about the financial situation of American households.