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Fed Survey: US banks face tighter credit, weak loan appetite

A recent survey by the Federal Reserve shows that U.S. banks are tightening their credit standards and experiencing weaker demand for loans from both businesses and consumers. This is likely a result of the Federal Reserve’s interest-rate hike campaign, which is intentionally slowing down financial activities in the biggest economy in the world. The survey,
read more Fed Survey: US banks face tighter credit, weak loan appetiteBusinessday NGRead More

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