Outlook for bank lending remains favourable

The fall in the stock of credit card debt in March tells us almost nothing about the outlook for consumption. More useful are other signs that credit card lending will rise over the next year. At the same time, mortgage buyers may finally be playing a bigger role in the housing recovery.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.