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   
BING NEWS:
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    As well as slashing interest rates, including its main one to zero, the bank is purchasing 30 billion euros ($37 billion) worth of bonds a month in financial markets to keep a lid on borrowing costs ... The euro rose modestly after the publication of ...
    02/22/2018 - 3:42 am | View Link
  • Rising consumer prices could lead to higher interest rates on mortgages and other loans
    That could lead to higher borrowing costs for individuals and businesses ... which excludes the volatile categories of food and energy, rose 0.3 percent from December to January, the Labor Department said Wednesday. That was the sharpest monthly increase ...
    02/16/2018 - 6:14 am | View Link
  • Consumer prices jump much more than forecast, sparking inflation fears
    Headline CPI rose 2.1 percent on an annualized basis against expectations ... A strong rise in inflation would send borrowing costs higher and could cut into corporate profits. "Overall we think the increase in core CPI inflation in January is a sign ...
    02/13/2018 - 11:30 pm | View Link
  • The Cost of Clothes and Shoes Rose the Fastest in 30 Years Last Month – and the Markets Aren't Happy
    U.S. consumer prices rose by more than projected in January as apparel costs ... on concerns that inflation would spur higher interest rates more quickly, boosting borrowing costs for companies. Even so, equities have recovered some ground, advancing ...
    02/13/2018 - 3:00 pm | View Link
  • Consumer price rise signals firming inflation
    US consumer prices rose faster than expected in January ... Investors worry that the bank could move too aggressively, triggering higher borrowing costs for companies and consumers that choke economic growth. New policies, including tax cuts approved ...
    02/13/2018 - 11:00 am | View Link
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  • The Center for Microeconomic Data
    Working within the Federal Reserve System, the New York Fed implements monetary policy, supervises and regulates financial institutions and helps maintain the nation ...
    02/18/2018 - 6:55 pm | View Website
  • Firewood
    Compare firewood prices with Consumer's independent price survey. What to consider when you buy firewood and what to do if you think you've been sold short.
    02/18/2018 - 5:44 pm | View Website
  • Borrowing to invest | ASIC's MoneySmart
    Borrowing to invest. Risky business. Borrowing to invest is also known as 'gearing' and it can be a risky business. Gearing can increase your returns when markets are ...
    02/18/2018 - 7:57 am | View Website
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