Banks elevated lending for second straight week, Fed knowledge present - Stock Region News

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Friday, April 21, 2023

Banks elevated lending for second straight week, Fed knowledge present


The numbers: Whole financial institution lending rose to $12.09 trillion within the seven days ended April 12 from $12.08 trillion within the prior week, the Federal Reserve reported Friday. That is the second straight weekly enhance.

Deposits at banks fell to $17.18 trillion from $17.26 trillion within the prior week. They’re down from $17.43 billion over the previous month.

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