Fears over access to credit hit highest level in more than a decade, New York Fed survey shows
Respondents indicating that the ability to get credit is harder now than it was a year ago rose to nearly 60%, the New York Fed’s Survey of Consumer Expectations for August showed.
The survey showed that the mean expectation of losing one’s job in the next year rose by 2 percentage points to 13.8%, the highest since April 2021.
Respondents indicating that the ability to get credit is harder now than it was a year ago rose to nearly 60%, the New York Fed’s Survey of Consumer Expectations for August showed.
The survey showed that the mean expectation of losing one’s job in the next year rose by 2 percentage points to 13.8%, the highest since April 2021.