Feb. consumer credit jumps by most in 6 months

U.S. consumers increased their debt in February by a seasonally adjusted $18.1 billion, the most since last August, the Federal Reserve reported Friday. The increase is above January’s $12.7 billion pace. Monthly debt rose at a 7.8% pace in February, after a 5.5% pace in the prior month. The…

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Feb. consumer credit jumps by most in 6 months

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