https://www.live-feeds.com/feed/credit-card-debt-climbs-to-a-record-1-29-trillion-new-york-fed-research-findsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/credit-card-debt-climbs-to-a-record-1-29-trillion-new-york-fed-research-findshttps://www.live-feeds.com/feed/credit-card-debt-climbs-to-a-record-1-29-trillion-new-york-fed-research-finds#u199438Fri, 13 Nov 2026 21:37:05 +0000U.S. credit card debt has climbed to a record $1.29 trillion according to New York Fed research, marking the latest peak in household borrowing even as Americans face elevated cost-of-living pressures. Household delinquencies have risen slightly, yet the New York Times reports data showing households are still managing to meet their monthly debts. The development adds to a broader borrowing boom tracked across multiple financial outlets.Why it mattersThe record reflects sustained growth in revolving credit balances after years of post-pandemic spending and inflation-driven pressure on househol