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Federal Reserve Bank of St. Louis: 'Fleeting Forbearance in a World of Persistent Financial Distress'
September 11, 2026
ST. LOUIS, Missouri, Sept. 11 (TNSLrpt) -- The Federal Reserve Bank of St. Louis issued the following white paper (No. 2026-019) on Sept. 4, 2026, by Kartik Athreya, Jose Mustre-del-Rio, and Juan M. Sanchez entitled "Fleeting Forbearance in a World of Persistent Financial Distress."

Here are excerpts:

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Abstract:

CORRECT ORDER OF AUTHORS: Mustre-del-Rio, Sanchez, Athreya.

In the US, households often delay payments on . . .

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