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Bank deposits, lending fell in latest week, Fed data show
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Invesitng.com — Bank deposits, and lending fell in the week ended Aug. 9, the latest data Friday from the Fed showed.
Deposits at large U.S. banks fell by $11 billion to $17.344 trillion from a week earlier, on a seasonally adjusted basis.
Commercial bank lending fell by $5.2B to a seasonally adjusted $12.127T during the week, the Fed data showed.
Residential real estate lending fell $6B, commercial real estate loans increased by $2B from a the week earlier, while consumer loans were up $4.1B from the prior week.
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