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- At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
  
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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
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  The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
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& Education

Media Advisory

New York Fed to Release Q1 2021 Household Debt and Credit Report on May 12, 2021

May 05, 2021

The Federal Reserve Bank of New York will release its Q1 2021 Household Debt and Credit Report on Wednesday, May 12 at 11 AM EDT.

The Household Debt and Credit Report offers an updated snapshot of household trends in borrowing and indebtedness, including data about mortgages, student loans, credit cards, and auto loans.

The latest report captures consumer credit data as of the end of March. The data reveals a strong increase in new extensions of credit in addition to changes in credit card balances.

In conjunction with the report, the New York Fed will publish a Liberty Street Economics blog post that examines the change in credit card balances by neighborhood income and credit score.

Contact
Mariah Measey
(347) 978-3071
Mariah.Measey@ny.frb.org

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