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U.S. Bank Lending Slumps by Most on Record in Final Weeks of March, Bloomberg

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Date: Apr 11, 2023 @ 07:10 AM
Filed Under: Banking News

Bloomberg reported U.S. bank lending contracted significantly in the last two weeks of March, indicating a tightening of credit conditions. According to the Bloomberg report, commercial bank lending declined nearly $105 billion in the two weeks ended March 29.

Read the full Bloomberg report (Subscription required) here.
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