The Prehn Institute’s Fed source traces consumer credit to…
By Karthik Subramanian
Source excerpt · FinanceFeeds
Rank US households by wealth and cut the list in half, and the lower half owes 51.6 per cent of household consumer credit while holding 2.3 per cent of household wealth, Federal Reserve files show. The figures come from the Fed’s Distributional Financial Accounts, files dated 15 September 2026, for the second quarter. The Prehn Institute, an independent research institution, built a September rese…