A post by @FirstSquawk on X.

US consumer credit expanded by $27.84 billion in September, more than double the $13.80 billion economists had expected and up sharply from the prior month's $8.28 billion increase, according to First Squawk. The surprise surge signals households took on debt at a much faster pace than forecast, a dynamic that matters for how policymakers and markets gauge consumer resilience and future spending. The reading dwarfs both the consensus estimate and August's gain, marking an acceleration rather than a slowdown in borrowing. What to watch next is whether the outsized increase reflects discretionary spending strength or mounting financial strain, and how it feeds into upcoming inflation and rate deliberations.