Fewer Banks Tightening Lending Standards, Raising Hopes
Fewer banks tightened lending standards as 2023 came to a close, a hopeful sign for businesses that broader loan access is on the horizon.
Banks Report Tighter Credit Standards, Weaker Loan Demand
The bankers have spoken: Credit standards were tightened and demand for loans was weak in the second quarter of the year, trends that will continue towards the second half of the year.
Banks Report Tougher Credit Standards in Wake of Failures
A Federal Reserve report Monday showed that banks raised their lending standards for business and consumer loans in the aftermath of three large bank failures and expect to lift them more this year, a trend that could slow the economy in coming months and increases the risk of a recession.
