U.S. Consumer Credit Down Record Amount In Nov

Time to Borrow: 11-Month Decline in Consumer Credit...
Confidence in the credit markets may be gaining momentum, as the numbers show that American consumers are borrowing again. According to the Federal Reserve, the 11 month decrease in consumer...

Fed is expected to leave rates at record low
The Federal Reserve is expected to leave interest rates at a record low this week, aiming to induce consumers and businesses to borrow and spend and bolster the economic recovery.

Fed extends consumer lending program through March
The Federal Reserve has extended a program intended to spur lending to consumers and small businesses at lower rates, but the central bank will not expand the types of loans made.

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