U.S. Credit and Labor Markets Cool in Tandem as Policy Restraint Takes Hold

The latest U.S. data on consumer credit, employment, and job openings point to an economy slowing in a controlled and deliberate manner. Household borrowing is moderating, labor demand is easing, and wage pressures continue to soften without signs of acute stress. Together, these developments suggest monetary tightening is restraining demand while preserving overall economic stability.