Economy
The $24 Billion Debt Surge: US Consumer Credit Hits Record Highs as Inventory Cycles Signal Sticky Inflation
The latest economic data for early 2026 has sent a jolt through Wall Street, revealing a staggering $24.05 billion surge in U.S. consumer credit. This figure, dominated by a sharp rise in credit card borrowing, suggests that while the American consumer remains resilient, the engines of growth are