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Bloomberg Wall Street Week - May 12th, 2023

Wall Street Week

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The Fed's Backward Looking Numbers on Bank Commercial and Industrial Loans

The Fed's backward looking numbers on bank commercial and industrial loans fell sharply in January and February. Mid-sized banks have some of them have been tightening their lending standards. The series of regional bank shocks made matters only worse as bankers struggling to stay afloat had little appetite for extended credit.

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