Outstanding consumer credit in the United States in February +14.12 billion versus +15.0 billion expected

• Credit up by $14.12 billion
• Before 19.49B (revised to 17.68B)

Lending was a bit cooler in February, so perhaps there are signs that the high rates are working? Those 14% rates on used car loans aren’t exactly appealing.

This article was written by Adam Button at www.forexlive.com.

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