Danielle DiMartino Booth, Bloomberg

Articles from the author

US consumers are turning squeamish about spending

Banks, credit card issuers seem intent on taking pre-emptive action to stem future losses

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Fed has got it wrong on most counts

Quantitative easing was supposed to help the have-nots, but that never materialised

The Federal Reserve has got it wrong on most counts

These consumers are bingeing on credit cards

Does a surge in credit card borrowing mean consumers are confident in economy?

Credit card

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