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There’s been some chatter about a recovery in large commercial bank lending… but the data says otherwise.
The latest figures out of the St. Louis Fed show that once again, for the week ending December 16, lending fell sequentially from to $664.7 billion in total lending from $665.6 billion in the previous period.
That may not look huge, but in order for a recovery to happen, we’ll presumably need to seem some evidence of an expansion in lending.
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