US Consumer Credit Change (Jan) 8.05B vs. Exp. 12B (Prev. 25.20B, Rev. From 24.05B)

The latest US Consumer Credit Change figure for January came in at $8.05 billion, significantly below expectations of $12 billion and a sharp decline from the previous month’s revised figure of $24.05 billion. This notable miss may signal weakening consumer confidence and spending, which could influence the Fed's outlook on rate hikes as it ties into the broader growth-inflation narrative.