Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage

Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage While the monthly jobs report has become a veritable economic random number generator, with every monthly print coming either well below or above the forecast stack, the weekly initial claims report has become its foil - a study in boring reporting, with numbers barely budging week to week, and usually falling right on top of Wall Street estimates. A similar dynamic is emerging for the monthly consumer credit ...

By Tyler Durden