Consumer credit in the U.S. jumped much more than expected in the month of February, according to a report released by the Federal Reserve on Tuesday.The Fed said consumer credit surged up by $22.3 billion in February after climbing by $12.1 billion in January. Economist had expected consumer credit to increase by $14.0 billion.The bigger than expected increase came as non-revolving credit, such a...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.