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Banks increased lending for second straight week, Fed data show

Economic Report Published: April 21, 2023 at 5:28 p.m. ET By Greg Robb Deposits decline in latest data Cars for sale at a Toyota Scion dealer in Los Angeles. Auto loans are an important source of credit for U.S. households. Getty Images Referenced Symbols DJIA +0.07% TMUBMUSD10Y 3.576% The numbers: Total bank lending rose to
Financial Press

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banks-increased-lending-for-second-straight-week,-fed-data-show

Economic Report

Deposits decline in latest data

Cars for sale at a Toyota Scion dealer in Los Angeles. Auto loans are an important source of credit for U.S. households.

Getty Images

The numbers: Total bank lending rose to $12.09 trillion in the seven days ended April 12 from $12.08 trillion in the prior week, the Federal Reserve reported Friday. This is the second straight weekly increase.

Deposits at banks fell to $17.18 trillion from $17.26 trillion in the prior week. They are down from $17.43 billion over the past month.

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