Historical Year Data · 2022
Non-Revolving Consumer Credit in 2022
Non-Revolving Consumer Credit opened 2022 at $3484B and closed at $3666B, a +5.23% move for the year. The high of $3666B was reached on December 1, and the low of $3484B on January 1.
Open
$3484B
2022-01
Close
$3666B
12 data points
High
$3666B
Dec 1
Low
$3484B
Jan 1
Full Year Change
+5.23%
2021 Change
+8.52%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $3484B | $3484B | $3484B | $3484B | +0.00% |
| Feb | $3503B | $3503B | $3503B | $3503B | +0.00% |
| Mar | $3521B | $3521B | $3521B | $3521B | +0.00% |
| Apr | $3540B | $3540B | $3540B | $3540B | +0.00% |
| May | $3561B | $3561B | $3561B | $3561B | +0.00% |
| Jun | $3580B | $3580B | $3580B | $3580B | +0.00% |
| Jul | $3592B | $3592B | $3592B | $3592B | +0.00% |
| Aug | $3607B | $3607B | $3607B | $3607B | +0.00% |
| Sep | $3624B | $3624B | $3624B | $3624B | +0.00% |
| Oct | $3644B | $3644B | $3644B | $3644B | +0.00% |
| Nov | $3658B | $3658B | $3658B | $3658B | +0.00% |
| Dec | $3666B | $3666B | $3666B | $3666B | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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