US Consumer Credit Unexpectedly Crashes As Americans Repay A Record Amount Of Credit Card Debt

May 7th 2020 3:28pm EDT

US Consumer Credit Unexpectedly Crashes As Americans Repay A Record Amount Of Credit Card Debt Heading into today’s consumer credit print we already learned last week that in March, with US consumer spending crashing the most on record as a result of complete economic halt due to the coronavirus pandemic… … the US savings rate […]

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