2026-06-05 20:29:11
U.S. Consumer Lending Increases $20.7B in April, Beating Forecast and Posting Strongest Two-Month Gain Since Late 2022
According to the Federal Reserve, U.S. consumer lending increased by $20.7 billion in April, surpassing the expected $17.7 billion and marking the strongest consecutive two-month gain since late 2022. The report, released Friday, showed non-revolving credit such as auto and student loans rose $9.1 b