Rising levels of debt, late payments, and a significant increase in wholesale inflation indicate that there will likely be additional interest rate hikes.

According to the latest Quarterly Report on Household Debt and Credit released yesterday by the Federal Reserve Bank of New York, total US household debt increased by $184 billion or 1.1…

Read More: https://www.ibtimes.co.uk/rising-debt-delinquencies-hot-wholesale-inflation-print-signal-more-rate-hikes-1724655