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    09.07.2015 08:14 Consumer credit in the U.S. climbs by $16.1 billion in May

    The Fed released its consumer credits figures on Wednesday. Consumer credit in the U.S. rose by $16.1 billion in May, after a $21.4 billion gain April.

     

     

    April's figure was revised down from a $20.54 billion rise.

     

     

    The increase was driven by a gain in non-revolving credit. Revolving credit climbed by $14.5 billion in May, while non-revolving credit rose by $1.6 billion.


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