US February consumer credit outstanding +$22.33B vs +$14.0B expected

Author: Adam Button | Category: News

February consumer credit data from the Fed

  • Prior was +$12.02B
  • Non-revolving +$15.1B
  • Revolving +$7.23B
No doubt there are plenty of people out there regretting running up the credit card in February. The jump in non-revolving credit may also show that auto promotions had an impact. Either that or it was all the WSB kids taking out student loans to buy calls in TSLA.

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