3,882
edits
Line 49: | Line 49: | ||
Deposits are a critical source of funding for banks, which use the money to make loans and investments. By accepting deposits, banks are able to create credit and provide funding to borrowers, which helps to stimulate economic activity. | Deposits are a critical source of funding for banks, which use the money to make loans and investments. By accepting deposits, banks are able to create credit and provide funding to borrowers, which helps to stimulate economic activity. | ||
* Deposits have decline 485 billion since April 2022, a 2.67% decline. | * Deposits have decline 485 billion since April 2022, a 2.67% decline. <ref>https://fred.stlouisfed.org/series/DPSACBW027SBOG</ref> | ||
* Y/Y growth is | * Y/Y growth is -2% | ||
* Reasons that could help explai this decline are: | * Reasons that could help explai this decline are: | ||
1. | 1. |