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US consumer credit Flash News List | Blockchain.News
Flash News List

List of Flash News about US consumer credit

Time Details
2025-04-14
18:43
US Consumer Credit Falls $810 Million in February 2025: Impact on Cryptocurrency Market

According to The Kobeissi Letter, US consumer credit fell by $810 million in February 2025, marking the second decline in four months, which was unexpected given the consensus prediction of a $15 billion increase. This decrease, driven by a reduction in credit card balances and motor loans, could influence cryptocurrency trading as investors might shift their focus to digital assets. Such economic indicators often guide traders in assessing market conditions and potential shifts in investment strategies.

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2025-04-14
18:43
US Consumer Credit Unexpectedly Drops $810 Million: Impact on Cryptocurrency Market

According to The Kobeissi Letter, US consumer credit fell by $810 million in February, marking the second decline in four months. This unexpected drop, driven by reduced credit card balances and motor loans, was far below the expected $15 billion rise. Cryptocurrency investors should note this financial contraction as it could influence market liquidity and consumer spending, potentially affecting crypto market trends.

Source
2025-02-11
16:26
US Consumer Credit Surges by Record $40.8 Billion in December

According to @KobeissiLetter, total consumer credit in the US surged by a record $40.8 billion in December, a sharp turnaround from the $5.4 billion decline in November. This includes a significant $22.9 billion increase in revolving credit, such as credit cards, which may indicate increased consumer spending and potential inflationary pressures. Traders should monitor the impact on interest rates and currency values.

Source
2025-02-11
16:26
US Consumer Credit Records Significant Increase in December

According to The Kobeissi Letter, total consumer credit in the US surged by a record $40.8 billion in December, marking a sharp turnaround from a $5.4 billion decline in November. This increase was largely driven by a $22.9 billion rise in revolving credit, which includes credit cards, suggesting increased consumer spending and potential impacts on interest rates and inflation. Traders should monitor these economic indicators closely as they could influence monetary policy decisions.

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