Consumer credit

FILE - In this Feb. 20, 2019, file logos for credit cards are visible on the cards in Zelienople, Pa. On Friday, June 7, the Federal Reserve releases its April report on consumer borrowing. (AP Photo/Keith Srakocic, File)
June 07, 2019 - 3:06 pm
WASHINGTON (AP) — Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card usage offset slower demand for auto and student loans. The Federal Reserve says borrowing increased by $17.5 billion. That is up from March's $11 billion advance and marks the...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 3:22 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its benchmark rate — which can influence everything from...
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This Wednesday, Feb. 20, 2019, photo shows logos for credit cards in Zelienople, Pa. On Thursday, March 7, the Federal Reserve releases its January report on consumer borrowing. (AP Photo/Keith Srakocic)
March 07, 2019 - 4:07 pm
WASHINGTON (AP) — Consumer borrowing rose at a slightly faster pace in January as borrowing on credit cards rebounded after a slowdown in December. Borrowing increased by $17.05 billion in January after a $15.36 billion December gain, the Federal Reserve reported Thursday. The increase reflected...
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FILE- This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Nov. 7, 2018, the Federal Reserve releases its September report on consumer borrowing. (AP Photo/Matt Rourke, File)
November 07, 2018 - 3:05 pm
WASHINGTON (AP) — Americans increased their borrowing by a solid amount in September. But the gain was less than half the big August surge as borrowing in the category that includes credit cards fell. The Federal Reserve says consumer borrowing rose by a seasonally adjusted $10.9 billion following...
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FILE - This June 10, 2015, file photo shows credit cards in Philadelphia. On Tuesday, Aug. 7, 2018, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2018 - 3:02 pm
WASHINGTON (AP) — Americans increased their borrowing in June at the slowest annual pace in three months as the level of credit card debt fell slightly. The Federal Reserve says consumer debt rose a seasonally adjusted $10.2 billion in June from the prior month to a total of $3.91 trillion...
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FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve issues new data Monday, May 7, 2018, on how much credit Americans took on in March. The tally, which excludes mortgages and other loans secured by real estate, is expected to show consumer borrowing increased by $15.6 billion. That would follow a gain of $10.6 billion in February. That gain pushed total consumer credit to nearly $3.9 trillion.(AP Photo/Andrew Harnik, File)
May 07, 2018 - 3:12 pm
WASHINGTON (AP) — Americans increased their borrowing by $11.6 billion in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below...
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FILE- In this Feb. 14, 2018, file photo, a Nasdaq employee works at his computer at the Nasdaq MarketSite, in New York. On Thursday, March 8, the Federal Reserve reports on household wealth for the October-December quarter. (AP Photo/Richard Drew, File)
March 08, 2018 - 12:55 pm
WASHINGTON (AP) — A soaring U.S. stock market and healthy home price gains lifted Americans' net worth to $98.7 trillion in the final three months of last year, a gain that could lift household spending. The value of U.S. stock portfolios jumped $1.3 trillion in the October-December quarter...
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February 07, 2018 - 3:15 pm
WASHINGTON (AP) — American consumers stepped up their borrowing by $18.4 billion in December, a solid performance that followed a massive gain the previous month. The Federal Reserve says the increase reflects gains of $5.1 billion in the category that covers credit cards and $13.3 billion in the...
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FILE - In this March 6, 2017, file photo, home equity and auto loan rates are displayed at a bank in North Andover, Mass. On Monday, Jan. 8, 2018, the Federal Reserve releases its November report on consumer borrowing. (AP Photo/Elise Amendola, File)
January 08, 2018 - 4:42 pm
WASHINGTON (AP) — U.S. consumer borrowing jumped 8.8 percent in November, the most in more than two years, a sign of growing confidence in the economy. The Federal Reserve said Monday that Americans added nearly $28 billion in credit card, student, auto and other debt in November. That brought...
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FILE - In this June 15, 2017, file photo, credit cards are displayed in Haverhill, Mass. On Thursday, Dec. 7, 2017, the Federal Reserve releases its October report on consumer borrowing. (AP Photo/Elise Amendola, File)
December 07, 2017 - 3:20 pm
WASHINGTON (AP) — American consumers increased their borrowing by $20.5 billion in October. It was the biggest gain in 11 months and reflected strong increases in the use of credit cards and in auto and student loans. The October followed a $19.2 billion gain in September and was the best showing...
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