April 13, 2024
U.S. bank deposits edge down in latest week while lending rises

U.S. bank deposits edge down in latest week while lending rises

The numbers: Deposits at commercial U.S. banks declined in the week ending April 26, according to a report from the Federal Reserve on Friday.

Deposits fell to $17.17 trillion from $17.18 trillion in the prior week, the Fed said.

At the same time, lending at commercial banks rose to $12.14 trillion from $12.1 trillion in the prior week. Lending…

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