US Economic News

U.S. Consumer Credit Climbs Less Than Expected In September

A report released by the Federal Reserve on Thursday showed U.S. consumer credit increased by much less than expected in the month of September.

The Fed said consumer credit rose by $9.5 billion in September after jumping by $17.9 billion in August. Economists had expected consumer credit to climb by $15.0 billion.

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by RTTNews Staff Writer

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