Tag Archives: bank lending

What is the consensus about the economy today? Will 2022 growth be better or worse than 2021? Actually, that probably isn’t the right question because the economy slowed significantly in the second half of 2021. The real question is whether growth will improve from that reduced pace. The Atlanta Fed GDPNow tracker now has Q4 growth all the way down to 5% from the 6.8% rate expected just a week ago (a result of a less than expected retail sales report). That’s still a...

Macroview Bank lending grew at a record pace in Q1, in spite of challenging environment for banks Read the full report here The expansion of bank credit to euro area non-financial corporations slowed in March, to EUR 1bn compared with a rise of EUR 24bn in January and EUR 19bn in February. By contrast, credit to households continued to increase at a decent pace in March and was slightly stronger than in previous months. Although credit flows eased in March, the three-month moving...