Highest US Household Debt Ever at $17.8 Trillion; Japan Backs Off on Interest Rate Hikes, Fearing Market Volatility | Business Matters Full Broadcast (Aug. 7)

U.S. household now stands at $17.8 trillion, according to the Federal Reserve Bank of New York. It’s also the largest total on record. Auto loan and mortgage debt rose, while credit card debt also reached an all-time high. Important news for investors came out of Japan on Wednesday. The country’s central bank signaled it will h...