July US Consumer Credit Posts Larger-Than-Expected Increase

MT newswire2026/09/08 19:08

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

03:08 PM EDT, 09/08/2026 (MT Newswires) -- US consumer credit use rose by $18.1 billion in July, compared with an $11.67 billion increase expected in a survey compiled by Bloomberg and following a $14.5 billion increase in the previous month. Revolving credit use increased by $2.8 billion in July after rising by $6.7 billion in June, but nonrevolving credit, which includes purchases of vehicles, rose by $15.3 billion after a $7.8 billion increase in the previous month.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

U.S. Treasury Secretary Janet Yellen stated on Tuesday that the Treasury's decision last month to expand the buyback program for older-dated U.S. Treasury bonds was mainly aimed at "cooling down" the bond market, which has been heating up recently, and helping the market return to a more balanced state.

智通财经•2026/09/08 22:41