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jboldeniv started a topic Americans racked up a record $180 BILLION in new credit card debt in 2022 - and Fed’s next rate hike is expected to add $3.4B in interest payments over the next year.in NewsAmericans racked up a record $180 BILLION in new credit card debt in 2022 - and Fed’s next rate hike is expected to add $3.4B in interest payments over the next year.
I guess that's due to inflation.