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Two Potentially Important Notes For Consumer Credit
01-13-2018, 10:08 AM,
#1
Two Potentially Important Notes For Consumer Credit
Two Potentially Important Notes For Consumer Credit

As expected, the Federal Reserve reported today that consumer credit expanded by an unusually large amount in November. Non-revolving debt rose by $16.6 billion, which is only slightly more than the recent average, and less than the average flow three years ago. It was instead revolving consumer credit where balances expanded the most (+$11.2 billion)....


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