The Fed's latest Senior Loan Officer Survey indicates that commercial banks have further loosened lending standards, particularly on loans to businesses. The net percentage of banks reporting in the second quarter that they had loosened standards on business loans jumped to 19%, from 6%. Standards were relaxed on consumer loans and residential mortgages as well, albeit by a more modest degree.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.