Consumer Credit (Feb)
Survey | $5.9B |
Actual | $5.2B |
Prior | $6.9B |
Revised | $10.3B |
Consumer Credit TABLE
Decent fall off in consumer credit in line with reduced consumer spending.
Survey | $5.9B |
Actual | $5.2B |
Prior | $6.9B |
Revised | $10.3B |
Decent fall off in consumer credit in line with reduced consumer spending.
Today’s headlines not conducive of a rate cut.
And the only thing the ECB sees that’s keeping inflation from being a lot worse is the strong euro.
ECB’s Liebscher Sees Risk of Wage-Price Spiral, Kurier Reports |
German Output Unexpectedly Increases on Construction |
French Trade Deficit Shrinks to 2.8 Billion Euros on Exports |
Spanish House Prices Rising Slower Than Inflation |
ECB’s Quaden Calls Belgian Inflation `Rather Bad’ |
German BDB Banking Association Says Economy Is `Robust’ |