Credit Card Debt Rises As Consumers Face Higher Costs Of Living
Credit Card Debt Rises As Consumers Face Higher Costs Of Living
U.S. consumers are certainly pulling out their credit cards to pay for goods and services, federal data has shown.
美國消費者當然使用信用卡支付商品和服務，聯邦數據已經顯示。
The total outstanding credit card balance rose $11.3 billion to nearly $5.07 trillion in May, beating April's jump by $4.8 billion, according to data released by the Federal Reserve on Monday.
根據週一聯邦儲備銀行發佈的數據，五月份信用卡的總未付餘額上升了113億美元，達到了近5.07萬億美元，超過了四月份的增長48億美元。
The median forecast in a Bloomberg survey of economists called for an $8.9 billion increase for May, which has not been adjusted for inflation.
經濟學家的一項彭博調查預測，五月份的增長金額爲89億美元，尚未經過通脹調整。
Also Read: $MasterCard (MA.US)$ Looks To Fight Cyber Threats: What's Going On With Credit Card Company's Shares Thursday?
還閱讀：$萬事達 (MA.US)$第一資本信貸正準備應對網絡威脅：本週四該信用卡公司的股票格局如何？
Revolving credit, which includes credit cards, spiked $7 billion in May to almost $1.35 trillion, the Fed data revealed. May's increase in credit card debt reversed a $900 million decline in borrowings during the month of April.
信用卡債務，包括信用卡，於五月份激增了700億美元，達到近1.35萬億美元，聯邦數據顯示。五月份信用卡債務的增加扭轉了四月份的90000萬美元的借款額度下降。
Americans are putting more purchases on their credit cards after spending their COVID-19 pandemic savings and facing higher costs of living, Bloomberg reported.
彭博社報道稱，美國人在把COVID-19流行期間的儲蓄用盡後，開始使用更多的信用卡進行消費，並面臨着更高的生活成本。
The report also showed that credit card interest rates rose to 22.76% in May, up from 22.63% during the first quarter. The report did not show interest rates for March and April.
報告還顯示，五月份信用卡利率上漲至22.76%，較第一季度的22.63%上漲。該報告未公佈三月和四月的利率。
Price Action: Credit card issuers gave mixed reactions to Monday's Fed report. $Visa (V.US)$ declined 1.46% to $266.40, while $MasterCard (MA.US)$fell 0.72% to $446.24.
價格走勢：信用卡發行公司對週一聯邦儲備委員會的報告反應不一。$Visa (V.US)$下跌1.46％ 至266.40美元，而$萬事達 (MA.US)$下跌0.72％ 至446.24美元。
$JPMorgan (JPM.US)$ gained 0.22% on Monday to close at $205.17 as $American Express (AXP.US)$ slipped 0.47% to $234.51 and $Citigroup (C.US)$ picked up 1.09% to $64.74. $Capital One Financial (COF.US)$ slid 0.14% to $135.81.
$摩根大通 (JPM.US)$上漲0.22％，收於205.17美元，而$美國運通 (AXP.US)$下跌0.47％ 至234.51美元，而$花旗集團 (C.US)$上漲1.09％ 至64.74美元。$第一資本信貸 (COF.US)$下跌0.14％ 至135.81美元。