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Archive Home > 2008 > June > 07 > Borrowing rises at slower pace in April

Borrowing rises at slower pace in April


June 7, 2008

WASHINGTON — The Federal Reserve said Friday that consumer borrowing increased at an annual rate of 4.2 percent in April, slower than the 6.2 percent increase of March. The slowdown reflected the fact that borrowing in the category that includes credit cards rose at an annual rate of....

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