U.S. household debt, wealth rise in fourth quarter

U.S. households boosted their overall debt by 2.4% in the fourth quarter, marking the biggest increase since early 2008, the Federal Reserve reported Thursday. Yet net wealth also rose by $1.1 trillion because of higher U.S. stock prices and rising home values. In its quarterly “flow of funds”…

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U.S. household debt, wealth rise in fourth quarter

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