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2 clusters · 5 sources · 4 days · First seen · Last updated
US Federal Reserve credit and consumer outlook
Overview
In early August, the Federal Reserve’s Senior Credit Officer Survey showed that credit standards for commercial and industrial loans to businesses remained largely unchanged, with demand rising among large and medium‑sized firms while small‑business demand was flat. Mortgage and auto‑loan standards were mixed, and credit‑card standards tightened.
A few days later, the New York Fed reported a 2.6% increase in consumer credit during the second quarter and a modest drop in one‑year inflation expectations. The survey also indicated a stronger job‑market outlook, with the perceived chance of finding a new job after a loss rising to 46.2%. Together, the data suggest a stable lending environment for businesses and growing consumer borrowing alongside improving labor‑market confidence.
Entities
Federal Reserve Bank of New York · U.S. banks · United States · Federal Reserve
Timeline
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15 days ago
[BUSINESS] 3 sourcesFederal Reserve reports rise in US consumer credit and improved job outlookUS consumer credit rose 2.6% in Q2, one‑year inflation expectations fell to 3.6%, and job‑finding confidence rose to 46.2%, according to the Federal Reserve Bank of New York.
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19 days ago
[BUSINESS] 2 sourcesFederal Reserve: credit standards steady, demand up for large firmsThe Federal Reserve’s survey shows credit standards for business loans stayed steady, demand rose for large and medium firms, while mortgage demand weakened and credit‑card standards tightened.
Sources
bankingjournal.aba.com · bitcoinethereumnews.com · borsagundem.com · cryptobriefing.com · dartsnmore.com