Well perhaps, but maybe it’s just…
The Federal Reserve says total consumer borrowing rose $21.4 billion in March — more than twice the $9.8 billion rise that Wall Street economists surveyed by Reuters had forecast. It marked the seventh straight monthly increase and the biggest since November 2001, when it climbed by $28 billion, according to the Fed’s statistics.
the economy.
U.S. consumers swiped their credit cards more often in March after cutting back during the previous two months. The increase helped drive overall borrowing up by the most in more than a decade.
The Federal Reserve says total consumer borrowing rose $21.4 billion in March — more than twice the $9.8 billion rise that Wall Street economists surveyed by Reuters had forecast. It marked the seventh straight monthly increase and the biggest since November 2001, when it climbed by $28 billion, according to the Fed’s statistics.
the economy.
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