Consumer Credit Change

Date Time Left   Event Impact Previous Consensus Actual
Sep 08, 19:00  Consumer Credit Change -$1B -$5.4B -$4.10B

Consumer Credit Change

The Consumer Credit released by the Board of Governors of the Federal Reserve is an amount of money that individuals borrowed. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive (or Bullish) for the USD, whereas a low reading is seen as negative.

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