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The Week Ahead: Catching Up With the Fed

This week the Fed will release its May Consumer Credit Report. The April Consumer Credit Report found that in February consumer credit increased at a seasonally adjusted rate of 3-1/4 percent. Revolving credit increased at an annual rate of 1/4 percent and nonrevolving credit increased at an annual rate of 4-1/2 percent. To see March's numbers, check out FederalReserve.gov on Monday, May 7 at 3 p.m. EST.

Later in the week, the Fed will also release it's most recent Balance sheet on Thursday at 4:30 p.m. EST. To view the most recent balance sheet trends, click here.

Here’s what else is happening in the week ahead:

  • Redbook, Tuesday, 8.55 a.m. EST
  • MBA Mortgage Apps 7 a.m. EST
  • Consumer Price Index, Thursday,  8.30 a.m. EST
  • Freddie Mac Primary Mortgage Market Survey, Thursday
  • University of Michigan Consumer Sentiment Survey, Friday, 10 a.m. EST.

About Author: Rachel Williams

Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at Rachel.Williams@DNews.com.
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