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Bank Lending: US: Difference between revisions
→March 2023
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Fed said domestically chartered banks made divestments to nonbank institutions that affected $60 billion in loans in the week ended March 22, meaning those loans are no longer held by commercial lenders. | Fed said domestically chartered banks made divestments to nonbank institutions that affected $60 billion in loans in the week ended March 22, meaning those loans are no longer held by commercial lenders. | ||
* Commercial and industrial lending — considered a closely followed gauge of economic activity — fell $68 billion | |||
* Commercial real estate loans dropped $35.3 billion | |||
* Total assets, which includes vault cash, as well as balances due from depository institutions and the Fed, decreased nearly $220 billion | |||
* Total liabilities declined more than $188 billion | |||
== References == | == References == | ||