WASHINGTON (MarketWatch) -U.S. consumers shed some of their debt for the fourth month in a row in May, the Federal Reserve reported Thursday. Total seasonally adjusted consumer debt fell $9.15 billion, or a 4.5% annualized rate, in May to $2.42 trillion. Economists expected a decline. The series is very volatile. April consumer credit was revised sharply lower to a decline of $14.86 billion ...

Consumer borrowing likely fell again in May after posting a rare increase in April. Economists surveyed by Thomson Reuters expected consumer credit to show a drop of $1.9 billion in May after posting an increase of $995 million in April.

LONDON, June 29 (Reuters) - British mortgage approvals were unexpectedly flat on the month in May, though both net mortgage lending and consumer credit grew faster than expected, Bank of England figures showed on Tuesday. The Bank of England said mortgage approvals numbered 49,815 in May, down fractionally from 49,828 in April and well below the 51,000 that economists polled by Reuters had ...

U.S. consumer credit rose at an annual rate of 954.8 million U.S. dollars, or 0.5 percent in April, the Federal Reserve reported Monday. The gain, the only second increase in the past 15 months, was much more than the 1 billion dollar decline that economists expected. According to the report, total consumer borrowing, which the Federal Reserve defines as all loans not secured by real estate ...

U.S. consumer credit rose at an annual rate of 954.8 million U.S. dollars, or 0.5 percent in April, the Federal Reserve reported Monday. The gain, the only second increase in the past 15 months, was much more than the 1 billion dollar decline that economists expected.