There's One Big Piece Of Consumer Credit Data Coming Out Today...

There’s one big economic datapoint coming out today: Consumer credit for March.

Analysts expect $9.8 billion more in consumer credit, an acceleration from the $8.7 billion last month.

Much of this will be student loans. The question of revolving credit (credit cards) will be more interesting.

The number comes out at 2 PM ET.

Here’s a look at YOY change in consumer credit going back a long way.

chart

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