the Federal Reserve

the Federal Reserve: Increased borrowing typically means that consumers are feeling more confident, according to Times Colonist. Total borrowing reached a record $2.84 trillion and WASHINGTON - Americans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since the fall of 2010. Americans stepped up their borrowing by $19.6 billion in May compared with April, the Federal Reserve said Monday in its monthly report on consumer credit. That was the biggest jump since a $19.9 billion rise in May 2012. (www.immigrantscanada.com). As reported in the news.