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Tag Archives: US credit growth

Soft bank lending contrasts with euphoric business sentiment

US business sentiment is solid, yet bank lending remains muted, making us cautious about the outlook for investment growth.US business activity seems to be continuing apace and all forward-looking indicators, in particular sentiment surveys, are flashing green. But there is an important blemish in this otherwise rosy picture: bank lending has been soft, and recent data is not showing any signs of an uptick. In September, commercial and industrial (C&I) bank lending was up 2.0% y-o-y,...

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