According to the monthly report published by the Federal Reserve, consumer credits rose $10.21 billion in June following May’s revised $24.26 billion and fell short of the market expectation of $15.25 billion.
Key figures from the report (via Reuters)
- June revolving credit falls $185 mln vs revised $9.59 bln increase in May (prev +$9.75 bln).
- June non-revolving credit rises $10.40 bln vs revised $14.67 bln increase in may (prev +$14.81 bln).
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