US June consumer credit outstanding +40.15B vs +25.0B expected 0 (0)

<ul><li>Prior was +22.35B (revised to $23.79B)</li><li>Revolving +14.8B</li><li>Non-revolving +25.36B</li></ul><p>Consumers continue to borrow, despite rising rates. That could be a sign of an optimistic consumer or a consumer that can’t afford to pay the bills.</p>

This article was written by Adam Button at www.forexlive.com.

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