U.S Consumer Credit Jumps More Than Expected April
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, 06-07-2015 at 04:25 AM (1247 Views)
Consumer credit in the U.S. showed another significant increase in the month of April, according to a report released by the Federal Reserve on Friday.
The report said consumer credit surged up by $20.5 billion in April after jumping by an upwardly revised $21.3 billion in March.
Economists had expected credit to climb by about $16.5 billion compared to the $20.5 billion increase originally reported for the previous month.
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