U.S. consumer credit growth accelerates in March

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U.S. consumer credit growth accelerates in March
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Consumer credit rose $26.5 billion in March, up from a revised $15 billion gain in the prior month, the Federal Reserve said Friday.

The numbers: Consumer borrowing rose $26.5 billion in March, the fastest pace in four months, the Federal Reserve said Friday.

Key details: Revolving credit, like credit cards, rose... The numbers: Consumer borrowing rose $26.5 billion in March, the fastest pace in four months, the Federal Reserve said Friday. Key details: Revolving credit, like credit cards, rose 17.3% in March after a revised 5.7% gain in the prior month.

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