Banks increased lending last week and deposits rose for the first time in a month, showing little evidence of an emerging credit crunch in the U.S. banking system.
Most of the new loans originated with smaller... Banks increased lending last week and deposits rose for the first time in a month, showing little evidence of an emerging credit crunch in the U.S. banking system. Most of the new loans originated with smaller banks that are supposed to be feeling more stress after the failure of several regional banks in the past few months.
Big picture: The banking system is a key conduit for the U.S. economy, funneling money from depositors to individuals and businesses seeking loans.
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