Borrow News
Consumers borrowed $17.8 billion more in January
Americans stepped up borrowing in January to buy more cars and attend school.Consumer borrowing rose by $17.8 billion in January, the Federal Reserve said Wednesday. That followed similar gains in December and November.The gains for those three months were the largest in a decade and helped consumer borrowing climb to a seasonally adjusted $2.5 trillion. That nearly matches the pre-recession borrowing
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