The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

Cotización de las Principales divisas en tiempo real

Cotización de las Principales divisas en tiempo real
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Agenda Macro

Calendario económico en tiempo real proporcionado por Investing.com España.

miércoles, 8 de agosto de 2012

2Q Consumer Credit increased at a 5% annual rate

WASHINGTON (MarketWatch)
U.S. consumers increased their debt in June by a seasonally adjusted $6.5 billion, the Federal Reserve reported Tuesday
This is the tenth straight monthly gain in consumer borrowing
The increase in June was not as strong as the roughly $10 billion gain expected by Wall Street economists
The gain in May consumer credit was revised down to a $16.7 billion increase from the initial estimate of $17.1 billion
For the second quarter, consumer credit increased at a 5% annual rate
The gain in June credit came from an increase in non-revolving debt such as auto loans, personal loans and student loans
These loans experienced a $10.2 billion jump in June after a $9.2 billion gain in the prior month
Analysts said that student loans, now captured under the federal government subcomponent, are driving credit higher
Credit-card debt fell by $3.7 billion in the month after a $7.5 billion increase in May
This is the second decline in credit card debt in the past three months

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