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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS BoE Consumer Credit fell to 8.05B in March 2026
FMPMonthlyReleased March 2026
US BoE Consumer Credit fell to 8.05B in March 2026, down 17.15B from February's 25.2B reading. The reading missed the 12.4B consensus by 4.35B. The print is running well below the 12-month average of 9.97B. Over the past 3 months, BoE Consumer Credit averaged 12.11B, vs 8.52B in the prior 3-month window. The reading is in the 40th percentile of the trailing 24-month range.
Latest Release
8.05
Actual
12.4
Consensus
25.2
Previous
Median Absolute Error
±6.99 billion
across last 12 releases
Last Call
Mar 2026
Predicted: 14.7
Actual: 8.05
Error: +6.64
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.80 | FOREX | Moves with | → View |
| BTC/USD | ▼ Inverse | −0.79 | CRYPTO | Moves against | → View |
| NZD/USD | ▲ Direct | +0.75 | FOREX | Moves with | → View |
| MSFT | ▲ Direct | +0.70 | STOCKS | Moves with | → View |
| USD/JPY | ▼ Inverse | −0.58 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
BoE Consumer Credit (United States) was reported at 8.05 billion in March 2026. This missed the market consensus of 12.40 billion by 4.35 billion. The reading fell from the previous value of 25.20 billion. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 9.89 billion, ranging from 0.36 billion to 24.05 billion across 7 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 12.11 billion, up from the prior three at 8.52 billion. Volatility over the past year (σ 7.28 billion) is lower than the prior year (σ 13.27 billion).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 6.99 billion.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Employment Cost Index QoQ (Jul 31) and Employment Cost - Wages QoQ (Jul 31).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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BoE Consumer Credit - US
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About BoE Consumer Credit — United States
DEFINITION
BoE Consumer Credit is a financial indicator that measures the amount of credit that consumers in the United Kingdom are using. It is published by the Bank of England and provides insight into the borrowing habits of individuals and households, which can have a significant impact on the overall economy. This indicator is closely monitored by economists and policymakers as it can indicate potential changes in consumer spending and overall economic growth.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 8.05 B, consensus 12.4 B. Prior reading (Mar 2026): 8.05 B. Before that (Feb 2026): 24.05 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.80) — a useful reference for forex-focused traders.
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Economic Calendar - US Events
| Wednesday, July 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 14:30 | US | EIA Crude Oil Stocks Change | -7.167 | 2.011 | -1.3 | -4.23 | Medium |
| 14:30 | US | EIA Gasoline Stocks Change | 0.007 | 0.765 | -0.7 | -0.35 | Medium |
| 14:30 | US | EIA Distillate Stocks Change | 1.062 | 1.395 | 0.2 | 0.63 | Low |
| 18:00 | US | Fed Interest Rate Decision | 3.75 | 3.75 | 3.75 | 3.75 | High |
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Personal Income MoM | 0.2 | 0.7 | 0.3 | 0.35 | High |
| 12:30 | US | PCE Price Index MoM | -0.1 | 0.5 | -0.1 | -0.10 | Medium |
| 12:30 | US | PCE Prices QoQ | 5.1 | 4.6 | 4 | 4.63 | Low |
| 12:30 | US | Initial Jobless Claims | 197 | 188 | 200 | 192.75 | Medium |
| 12:30 | US | Real Consumer Spending QoQ | 3.2 | 0.5 | 0.4 | 0.85 | Low |
| 12:30 | US | PCE Price Index YoY | 3.7 | 4.1 | 3.7 | 3.70 | Medium |
| 12:30 | US | GDP Growth Rate QoQ | 1.5 | 2.1 | 2.1 | 1.88 | High |
| 12:30 | US | Continuing Jobless Claims | 1782 | 1789 | 1800 | 1786.75 | Low |
| 12:30 | US | Gross Domestic Product QoQ | 1.5 | 2.1 | 2.1 | 1.90 | High |
| 12:30 | US | Jobless Claims 4-Week Average | 202.75 | 207.75 | 210 | 205.06 | Low |
| 12:30 | US | Core PCE Price Index MoM | 0.1 | 0.3 | 0.2 | 0.18 | High |
| 12:30 | US | GDP Sales QoQ | 2.2 | 1.9 | 1.4 | 1.82 | Low |
| 12:30 | US | Core PCE Price Index YoY | 3.3 | 3.4 | 3.3 | 3.30 | Low |
| 12:30 | US | Core PCE Prices QoQ | 3.4 | 4.4 | 3.5 | 3.52 | Low |
| 12:30 | US | GDP Price Index QoQ | 6.3 | 3.6 | 3.6 | 4.45 | Medium |
| 12:30 | US | Personal Spending MoM | 0.3 | 0.9 | 0.3 | 0.30 | High |
| 14:30 | US | EIA Natural Gas Stocks Change | 28 | 32 | 35 | 33.00 | Low |