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US August consumer credit +$16B vs +$19B expected

Discussion in 'Market News' started by ForexLive, Oct 7, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Consumer credit outstanding from the Fed: - Prior revised to $18.94B from $19.10B - Revolving credit +$4.03B vs $+4.32B prior - Non-revolving credit $+$11.99B vs $+14.78 US consumers took on a bit less debt than anticipated in August. It was still led by non-revolving credit, which is generally student and car loans.

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