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U.S. consumers are certainly pulling out their credit cards to pay for goods and services, federal data has shown. The total outstanding credit card balance rose $11.3 billion to nearly $5.07 trillion in May, beating April’s jump by $4.8 billion, according todata released by the Federal Reserve on Monday. The median forecast in a Bloomberg survey of economists called for an $8.9 billion increase for May, which has not been adjusted for inflation. Also Read: Mastercard Looks To Fight Cyber Threats: What’s Going On With Credit Card Company’s Shares Thursday? Revolving credit, which includes cred…

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