Delinquencies of consumer loans remain low by historical standards but appear vulnerable should the slowdown in the labor market continue. … READ MORE >
consumer loans
CHART OF THE DAY: Diverging trend in consumer loan delinquencies and unemployment
Consumer loan delinquencies and unemployment rates have historically followed similar paths. But the pandemic has upended that coupling, as consumer loan delinquencies have trended down while unemployment has increased significantly. … READ MORE >