Consumer Credit Change

The Consumer Credit released by the Board of Governors of the Federal Reserve is an amount of money that individuals borrowed. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive (or Bullish) for the USD, whereas a low reading is seen as negative.

Most recent - Tuesday 7 May 2024 19:00

Previous
$14.12B
Revised
$15.02B
Forecast
$15B
Actual
$6.27B

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Friday 7 June 2024 19:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Consumer Credit Change yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Consumer Credit Change was $6.27B against a forecast of $15B.

Past events

Date
Forecast
Actual
Tuesday 7 May 2024 19:00
$15B
$6.27B
Friday 5 April 2024 19:00
$15B
$14.12B
Thursday 7 March 2024 20:00
$9.25B
$19.49B
Wednesday 7 February 2024 20:00
$16B
$1.56B
Monday 8 January 2024 20:00
$9B
$23.75B
Thursday 7 December 2023 20:00
$9B
$5.13B
Tuesday 7 November 2023 20:00
$10B
$9.06B
Friday 6 October 2023 19:00
$11.7B
$-15.63B
Friday 8 September 2023 19:00
$16B
$10.4B
Monday 7 August 2023 19:00
$13B
$17.85B
Monday 10 July 2023 19:00
$20.5B
$7.24B
Wednesday 7 June 2023 19:00
$22B
$23B
Friday 5 May 2023 19:00
$16.5B
$26.51B
Friday 7 April 2023 19:00
$19B
$15.29B
Tuesday 7 March 2023 20:00
$20B
$14.8B
Tuesday 7 February 2023 20:00
$24B
$11.56B
Monday 9 January 2023 20:00
$25B
$27.96B
Wednesday 7 December 2022 20:00
$28.5B
$27.08B
Monday 7 November 2022 20:00
$30B
$24.98B
Friday 7 October 2022 19:00
$25B
$32.24B
Thursday 8 September 2022 19:00
$33B
$23.81B
Friday 5 August 2022 19:00
$25B
$40.15B
Friday 8 July 2022 19:00
$31.9B
$22.35B
Tuesday 7 June 2022 19:00
$35B
$38.07B
Friday 6 May 2022 19:00
$25B
$52.43B
Thursday 7 April 2022 19:00
$16.65B
$41.82B
Monday 7 March 2022 20:00
$23.8B
$6.84B
Monday 7 February 2022 20:00
$20.9B
$18.9B
Friday 7 January 2022 20:00
$19.5B
$39.99B
Tuesday 7 December 2021 20:00
-
$16.9B
Friday 5 November 2021 19:00
$15.62B
$29.91B
Thursday 7 October 2021 19:00
$17.5B
$14.38B
Wednesday 8 September 2021 19:00
$25B
$17B
Friday 6 August 2021 19:00
$23B
$37.69B
Thursday 8 July 2021 19:00
$18.4B
$35.28B
Monday 7 June 2021 19:00
$21B
$18.61B

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Consumer Credit Change result:

PreviousLatest
Industrial Production (MoM)Bearish change0.1%0%
Building Permits (MoM)Bearish change1.467M1.44M
Housing Starts (MoM)Bullish change1.287M1.36M
Initial Jobless ClaimsBullish change232K222K
Philadelphia Fed Manufacturing SurveyBearish change15.54.5
Consumer Price Index (MoM)Bearish change0.4%0.3%
Consumer Price Index (YoY)Bearish change3.5%3.4%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.4%0.3%
Consumer Price Index ex Food & Energy (YoY)Bearish change3.8%3.6%
NY Empire State Manufacturing IndexBearish change-14.3-15.6
Retail Sales (MoM)Bearish change0.6%0%
Retail Sales Control GroupBearish change1%-0.3%
Retail Sales ex Autos (MoM)Bearish change0.9%0.2%
Producer Price Index (MoM)Bullish change-0.1%0.5%
Producer Price Index (YoY)Bullish change1.8%2.2%
Producer Price Index ex Food & Energy (YoY)Bullish change2.1%2.4%
Producer Price Index ex Food & Energy (MoM)Bullish change-0.1%0.5%
Monthly Budget StatementBullish change$-236B$210B
Michigan Consumer Sentiment IndexBearish change77.267.4
UoM 5-year Consumer Inflation ExpectationBullish change3%3.1%
Initial Jobless ClaimsBearish change209K231K

About Consumer Credit Change

Country:United States
Currency:USD
Source:Federal Reserve
Category:Inflation
Frequency:Monthly

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