Reported about 5 hours ago
According to a Federal Reserve survey, U.S. banks reported an increase in demand for business loans in the fourth quarter of 2024, marking the first positive net share in two years. Demand for commercial and industrial loans from large and medium-sized businesses rose to 9.4%, while small firms saw a 3.4% increase. However, banks tightened their lending standards for these loans, suggesting that recent interest rate cuts may have stimulated borrowing, particularly for businesses, despite weaker demand for consumer loans and real estate.
Source: YAHOO