Consumer borrowing surged in July at its fastest pace since late 2017, driven by a big jump credit card use. The Federal Reserve says overall consumer borrowing increased by $23.3 billion in July after a $13.8 billion advance in June. It was the biggest month…


Consumer borrowing surged in July at its fastest pace since late 2017, driven by a big jump credit card use. The Federal Reserve says overall consumer borrowing increased by $23.3 billion in July after a $13.8 billion advance in June. It was the biggest month…

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