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The FOMC in 1997: A Real Conundrum - Review

Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at least one respect for the Federal Open Market Committee. Traditional signals of inflation—rapid money growth and high levels of economic activity—were not accompanied by higher inflation.

research.stlouisfed.org/publications/review/1998/09/01/the-fomc-in-1997-a-real-conundrum

Charging Up a Mountain of Debt: Accounting for the Growth of Credit Card Debt - Review

Total U.S. credit card debt has almost doubled since 1988. Little is apparent from the aggregate data, however, about the composition of credit card debt growth. The author separates household data into two categories: changes in the number of households with credit cards, and changes in average credit card debt per household.

research.stlouisfed.org/.../

Still Charging: The Growth of Credit Card Debt Between 1992 and 1995 - Review

Between 1991 and 1997, consumer revolving credit outstanding more than doubled—from $247 billion to $514 billion. This rapid rise of consumer debt, especially credit card debt, has generated much discussion about its cause, sustainability, and implications.

research.stlouisfed.org/.../01/still-charging-the-growth-of-credit-card-debt-between-1992-and-1995