In Q4 2023, US banks tightened credit standards, with large & medium-sized businesses experiencing reduced credit demand, while 53% kept lending conditions unchanged.

The Federal Reserve has reported US banks tightened their credit standards during the fourth quarter of 2023, despite a reduced proportion of those tightening standards compared to the previous quarter. A Fed survey on lending officers indicates that large and medium-sized businesses are experiencing a decrease in demand for credit. Overall, 53% of banks have kept their lending conditions unchanged.

February 05, 2024
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