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Title: British consumers borrow at fastest rate in 11 years as inflation threat rises
Post by: Mackin USA on January 04, 2017, 01:26:55 PM

"Such rapid growth in unsecured credit is unsustainable over the medium-term, and the recent fall back in consumer confidence suggests that households will borrow more cautiously in 2017, subduing growth in consumption," Pantheon Macroeconomics economist Samuel Tombs said in a note to clients.

http://www.reuters.com/article/us-britain-boe-lending-idUSKBN14O1AX?il=0

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Why We Are Here => Economics & Investing => Topic started by: Mackin USA on January 04, 2017, 01:26:55 PM