Consumer Credit Growth Slows as Lending Standards Tighten: Kiplinger Economic Forecasts
Consumer credit growth is slowing due to high interest rates and banks implementing tighter lending terms on credit cards. As the economy braces for a recession, consumer credit growth is beginning to wane. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subs