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Event Brief

US household debt hits new all-time high at $18.8T

US household debt rose to an all-time high of $18.8 trillion in the first three months of the year.
WHO: U.S. households
WHAT: Household debt reached $18.8 trillion, a new all-time high
WHEN: May 12, 2026 at 11:15 AM ET
WHERE: USA
WHY: Inflation continued to rise.

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