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Bank lending rises for the third straight week

Economic Report Published: April 28, 2023 at 5:39 p.m. ET Deposits also rise slightly amid renewed worry about the U.S. banking sector People walk by a First Republic bank in San Francisco. The bank’s stock has plunged amid worries about its survival. The numbers: Total bank lending rose to $12.1 trillion in the seven days
Financial Press

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bank-lending-rises-for-the-third-straight-week

Economic Report

Deposits also rise slightly amid renewed worry about the U.S. banking sector

People walk by a First Republic bank in San Francisco. The bank’s stock has plunged amid worries about its survival.

The numbers: Total bank lending rose to $12.1 trillion in the seven days ended April 19 from $12.09 trillion in the prior week, the Federal Reserve said Friday. This is the third straight weekly gain.

Deposits at banks rose slightly to $17.20 trillion from $17.18 trillion in the prior week. They are down from $17.26 over the past month.

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