Displaying posts tagged with

“lending”

Feb
19
2010

Drastic fall in US Bank lending

So far this year Bank lending in the US has slide at the drastic rate. This rate of fall was the fastest in recorded history. So it is raising concerns for the Federal Reserve. Now it has been apprehended that emergency stimulus may have been withdrawn by the reserve.
Lending has fallen by over $100bn (£63.8bn) [...]