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    08.03.2016 13:39 Consumer credit in the U.S. increases by $10.54 billion in January

    The Fed released its consumer credits figures on Monday. Consumer credit in the U.S. rose by $10.54 billion in January, missing expectations for a $16.75 billion increase, after a $21.38 billion gain December. December's figure was revised up from a $21.27 billion rise.

     

    The increase was mainly driven by gains in non-revolving credit. Revolving credit fell by $1.05 billion in January, while non-revolving credit jumped by $11.59 billion.


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