Consumer Borrowing Rose 10.2% In March

Americans are stepping up their borrowing, a possible good sign for the economy as households become less determined to whittle debt and more willing to spend.

Topics:  borrowing   
ASK NEWS:
  • Russia Inflation Faster in July as Ruble Challenges Central Bank - Bloomberg
    Consumer prices rose 15.6 percent from a year earlier, compared with 15.3 percent in June, the ... to continue lowering the cost of borrowing, and
    08/4/2015 - 9:19 am | View Link
  • Brazil Industrial Output Falls Less Than Economists Forecast - Bloomberg
    Brazil Industrial Production Falls Less Than Economists Forecast - Washington Post
    08/4/2015 - 9:03 am | View Link
  • NYT Editorial Board: Fed Hike Now Would Be Setback for Americans Who ... - NewsMax.com
    But Fed officials kept a key borrowing rate at a ... position before the government released data that showed consumer spending in June rose by the
    08/4/2015 - 8:55 am | View Link
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    METALS-Chinese equities, dollar help copper to move higher - Philly.com
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  • Status quo on key lending rates, subdues markets (Roundup) - Chennai Online
    Sensex Provisionally Closes 49 Points up - Silicon India
    08/4/2015 - 8:42 am | View Link
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BING NEWS:
  • US Consumer Spending Edges Up in June
    Consumer spending in June rose by the smallest amount in four months as shoppers ... But Fed officials kept a key borrowing rate at a record low near zero, where it has been for almost seven years. Economists believe further gains in the economy and ...
    08/4/2015 - 2:36 am | View Link
  • Raghuram Rajan keeps rates unchanged: Full text of RBI policy
    Food inflation rose 60 basis points over the preceding month ... Short term real risk free rates are nevertheless supportive of borrowing by interest rate sensitive consumer segments such as housing and automobiles. Significant uncertainty will be resolved ...
    08/4/2015 - 2:28 am | View Link
  • RBI keeps interest rate unchanged, lowers inflation forecast
    Consumer price inflation rose to 5.4% in June. On economic growth ... but adjusted for lower inflation as well as for lower borrowing by oil marketing companies and increased borrowing from commercial paper markets, credit availability seems to be adequate ...
    08/4/2015 - 12:50 am | View Link
  • U.S. consumer spending edges up 0.2 percent in June
    FILE PHOTO, THE ASSOCIATED PRESS WASHINGTON – Consumer spending in June rose by the smallest amount in four months ... But Fed officials kept a key borrowing rate at a record low near zero, where it has been for almost seven years. Some economists ...
    08/3/2015 - 7:11 am | View Link
  • Consumer Borrowing Accelerated in July as Credit-Card Borrowing Rose
    Consumer borrowing accelerated in July as Americans took on more credit-card debt and other loans. Total outstanding consumer credit, excluding loans secured by real estate like home mortgages, rose at a seasonally adjusted annual rate of 9.7% in July from ...
    09/7/2014 - 6:00 pm | View Link
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BING SEARCH:
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  • Household debt
    Household debt is defined as the amount of money that all adults in the household owe financial institutions. It includes consumer debt and mortgage loans.
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    08/3/2015 - 1:19 am | View Website
  • Consumer Debt in Florida – Debt Collection & Settlement ...
    Consumer debt in Florida, including mortgages and credit cards, has reached record highs in recent years in part because of market unrest.
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