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Home › Personal Finance › Credit card spending growth is slowing — 'consumers have been in a pretty frugal mood,' expert says

Credit card spending growth is slowing — 'consumers have been in a pretty frugal mood,' expert says

By चन्द्र कुमार अधिकारी Tuesday, October 8, 2024 Comment

Revolving debt, which mostly includes credit card balances, fell 1.2% in August, according to the Federal Reserve’s latest consumer credit report.

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Credit card spending growth is slowing — 'consumers have been in a pretty frugal mood,' expert says

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Credit card spending growth is slowing — 'consumers have been in a pretty frugal mood,' expert says

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