Alexandre Tanzi

1 week ago | bloomberg.com | Maria Eloisa Capurro |Alexandre Tanzi

(Bloomberg) -- American consumers see higher inflation in the year ahead and are growing more anxious about their future jobs prospects, according to a monthly survey from the Federal Reserve Bank of New York. Median expectations for year-ahead inflation rose 0.5 percentage point to 3.6% in March, the biggest one month increase in two years. Consumers’ perceptions of inflation in the medium- and longer-term, however, remained stable.

1 week ago | news.bloomberglaw.com | Maria Eloisa Capurro |Alexandre Tanzi

American consumers see higher inflation in the year ahead and are growing more anxious about their future jobs prospects, according to a monthly survey from the Federal Reserve Bank of New York. Median expectations for year-ahead inflation rose 0.5 percentage point to 3.6% in March, the biggest one month increase in two years. Consumers’ perceptions of inflation in the medium- and longer-term, however, remained stable.

2 weeks ago | news.bloomberglaw.com | Maria Eloisa Capurro |Alexandre Tanzi

The share of active credit cards in the US making only minimum monthly payments rose in the fourth quarter to the highest level in 12 years of data, according to the Federal Reserve Bank of Philadelphia. Some 11.1% of active accounts made only minimum payments, up from 10.9% in the third quarter, the Philadelphia Fed said in a report published Wednesday. The share of accounts 90 days past due also rose to a record.

2 weeks ago | news.bloomberglaw.com | Maria Eloisa Capurro |Alexandre Tanzi

The share of active credit cards in the US making only minimum monthly payments rose in the fourth quarter to the highest level in 12 years of data, according to the Federal Reserve Bank of Philadelphia. Some 11.1% of active accounts made only minimum payments, up from 10.9% in the third quarter, the Philadelphia Fed said in a report published Wednesday. The share of accounts 90 days past due also rose to a record.

2 weeks ago | bloomberg.com | Maria Eloisa Capurro |Alexandre Tanzi

(Bloomberg) -- The share of active credit cards in the US making only minimum monthly payments rose in the fourth quarter to the highest level in 12 years of data, according to the Federal Reserve Bank of Philadelphia. Some 11.1% of active accounts made only minimum payments, up from 10.9% in the third quarter, the Philadelphia Fed said in a report published Wednesday. The share of accounts 90 days past due also rose to a record.