US consumer credit came in at $9.178B—falling short of the $10.48B forecast and way down from last month's $13.09B. Weaker borrowing appetite or tighter lending? Either way, signals shifting consumer behavior.
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AltcoinHunter
· 12-05 20:30
Consumer credit has dropped sharply... Wait, this isn't news about a new L1 token launch, so why am I still reading this?
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ReverseTradingGuru
· 12-05 20:28
Huh? The data has dropped again; this is the real consumer side.
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ForkThisDAO
· 12-05 20:21
Dropped this much? Are banks really starting to tighten lending, or have the Americans finally realized they owe too much...
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NftRegretMachine
· 12-05 20:13
Alright, alright, here we go again with the "consumers are out of money" narrative. With such a significant decline in credit, is it really just weak appetite...
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QuietlyStaking
· 12-05 20:12
Consumer credit data is this bad... Are Americans really starting to tighten their belts? Or are the banks holding back on lending? Both are possible, but it definitely feels like the economic trend has shifted.
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BearWhisperGod
· 12-05 20:05
Oh my, this data is really unsustainable. The consumer credit limit has plummeted this much...
US consumer credit came in at $9.178B—falling short of the $10.48B forecast and way down from last month's $13.09B. Weaker borrowing appetite or tighter lending? Either way, signals shifting consumer behavior.