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Market Update: US Consumer Credit Grows Above Expectations

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Market Update: US Consumer Credit Grows Above Expectations

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Market Update: US Consumer Credit Grows Above Expectations
Consumer credit in the United States went up by USD 37.69 billion in June of 2021, following a revised USD 36.69 billion gain in the previous month and comfortably beating market expectations of a USD 23 billion rise. Revolving credit increased by USD 17.86 billion while non-revolving credit went up by USD 19.83 billion. source: Federal Reserve [/s2If]
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