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HERE COMES CONSUMER CREDIT BALANCES...

Sam RoApr 8, 2014, 00:13 IST

REUTERS/Claro Cortes

At 3:00 p.m. ET, the Federal Reserve will publish its latest stats on consumer credit balances.

Economists estimate that credit balances increased by $14.0 billion in February.

"Nonrevolving credit is projected to drive virtually the entire increase, as revolving credit growth has been muted in the years following the end of the recession," said Barclays economists.

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