Home market US consumer borrowing surged by most on record in May, reflecting jump in non-revolving loans that u

US consumer borrowing surged by most on record in May, reflecting jump in non-revolving loans that u

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US consumer borrowing surged by most on record in May, reflecting jump in non-revolving loans that u

US consumer borrowing surged by most on record in May, reflecting jump in non-revolving loans that underscores solid household spending. Total credit climbed $35.3bn MoM after an upwardly revised $20bn gain in April, BBG reports. On annualized basis, borrowing rose 10% in May. h/t Holger Zschaepitz

US consumer borrowing surged by most on record in May, reflecting jump in non-revolving loans that u

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