The Fed’s “consumer credit outstanding” measure tumbled by a record $21.6bn in July. Here’s what that drop looks like in  graphic terms:

(H/T Marc Ostwald at Monument Securities)

This entry was posted by Izabella Kaminska on Wednesday, September 9th, 2009 at 13:36 and is filed under Capital markets. Tagged with consumer credit, federal resereve, us. Edit this entry.