U.S. consumer credit rises more than forecast in February

Source: RTT News
© Scanpix/FP
Consumer credit in the world's largest economy increased in February rising at a faster rate than economists original projected as non-revolving credit rose more than revolving credit fell, a report published by the Federal Reserve unveiled on Monday. The U.S. consumer credit advanced by $16.5 billion in February after jumping by $13.8 billion in the month before.

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