Categories: Economy

Fed survey finds tighter requirements, weaker demand for loans in first quarter


By Michael S. Derby and Ann Saphir

(Reuters) – Prime U.S. financial institution lending officers stated credit score requirements tightened over the primary three months of the 12 months, in response to a report launched on Monday by the Federal Reserve.

Throughout the first quarter banks reported “on stability tighter lending requirements and weaker demand” for business and industrial loans for companies of all sizes, stated the central financial institution’s newest Senior Mortgage Officer Survey masking exercise throughout the first quarter.

(Reporting by Michael S. Derby and Ann Saphir; Modifying by Andrea Ricci)

admin

Recent Posts

Merchants See Fed Slicing Charges Simply Twice in 2025 on Cooling Commerce Warfare

(Bloomberg) -- Merchants lowered their bets on the Federal Reserve’s interest-rate cuts this 12 months,…

1 hour ago

Merchants See Fed Slicing Charges Simply Twice in 2025 on Cooling Commerce Battle

(Bloomberg) -- Merchants lowered their bets on the Federal Reserve’s interest-rate cuts this yr, pricing…

1 hour ago

April CPI report anticipated to indicate first indicators of Trump tariffs’ inflationary influence

April's Client Value Index (CPI) is anticipated to indicate the primary clear indicators of inflationary…

3 hours ago

Nissan to chop 20,000 jobs globally, stories say

Nissan is about to announce a leap in its cost-cutting plans that may see 20,000…

6 hours ago

Fed’s Kugler warns Trump tariffs will push up costs and and push down incomes

Federal Reserve Governor Adriana Kugler mentioned Monday that steeper tariffs will drive costs greater, appearing…

6 hours ago

All the pieces that you must find out about pension drawdown and annuities

Annuities and drawdown are the 2 most important methods of utilizing your pension pot to…

6 hours ago