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Wednesday, 04/07/2021 5:26:03 PM

Wednesday, April 07, 2021 5:26:03 PM

Post# of 37920
Biggest Beat On Record: Consumer Credit Explodes Higher As Americans Rediscover Their Love For Credit Cards : https://www.zerohedge.com/markets/biggest-beat-record-consumer-credit-explodes-higher-americans-rediscover-their-love-credit


Excerpt:
moments ago the Fed reported in its latest monthly G.19 statement that in February consumer credit exploded by a whopping $27.6 billion, which not only was the highest monthly increase in the series since November 2017... but was about 10x higher than the expected number of $2.8BN, making it the biggest beat on record!

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