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US consumers borrowed $25 billion more in September

Por: CNN Business November 08, 2022

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Minneapolis CNN Business  —  American consumers borrowed another $25 billion in September, according to newly released Federal Reserve data, as higher costs led to further dependence on credit cards and other loans. Economists were anticipating monthly growth of $30 billion, according to Refinitiv consensus estimates. The data isn’t adjusted for inflation. Consumer borrowing in September increased at a seasonally adjusted annual rate of... + full article



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