in

Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows

U.S. banks report tighter lending standards and weaker demand: Fed loan officer survey

Tumult in mid-sized institutions caused banks to tighten lending standards both to households and businesses, potentially posing a threat to U.S. economic growth, according to a Federal Reserve report Monday.

The Fed’s quarterly Senior Loan Officer Opinion survey said requirements got tougher for commercial and industrial loans as well as for many household-debt instruments such as mortgages, home equity lines of credit and credit cards.

The…


Posted by Editor

Los Angeles Lakers 103-108 Denver Nuggets | NBA highlights

Mayor of Bolton receives chains of office at town hall

Mayor of Bolton receives chains of office at town hall