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Barbados , Friday 17 April 2026

US bank lending touches record as deposits fall, Fed data shows

Published on: Friday 05 May 2023

US bank lending touches record as deposits fall, Fed data shows (Reuters) -Deposits at U.S. commercial banks fell toward the end of April to the lowest in nearly two years, data released on Friday by the Federal Reserve showed, while overall credit provided by banks moved up, led by a record level of outstanding loans and leases. Deposits on a nonseasonally adjusted basis fell in the week ended April 26 to about $17.1 trillion, a drop of about $120 billion


News source: https://www.msn.com/en-us/money/news/us-bank-lending-touches-record-as-deposits-fall-fed-data-shows/ar-AA1aNE2N

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