Consumer credit increased at a seasonally adjusted annual rate of 3.2% in the third quarter of 2024, the Federal Reserve reported today. In September, consumer credit increased at an annual rate of 1.4 percent. Nonrevolving debt — the category that includes auto loans and student loans—increased at an annual rate of 3.4% in Q3, while revolving debt, which includes credit cards, increased at an annual rate of 2.8%.
New York Fed: Inflation expectations increased in September
Consumer inflation expectations in September increased at the short- and medium-term horizons and remained unchanged at the longer-term horizon, the Federal Reserve Bank of New York said in its most recent Survey of Consumer Expectations.









