US consumers borrowed $25 billion more in September

US consumers borrowed $25 billion more in September

US consumers borrowed $25 billion more in September

Summary : US consumers borrowed $25 billion more in September.

American consumers borrowed another $25 billion in September, according to newly released Federal Reserve data, as higher costs led to further dependence on credit cards and other loans.

Economists were anticipating monthly growth of $30 billion, according to Refinitiv consensus estimates.

This story is developing and will be updated.

American consumers borrowed another $25 billion in September , according to newly released Federal Reserve data, as higher costs led to further dependence on credit cards and other loans .

Economists were anticipating monthly growth of $30 billion, according to Refinitiv consensus estimates .

This story is developing and will be updated.