The Fed’s Senior Loan Officer survey or SLOOS has been released:
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- US banks during Q4 reported tighter standards for households, weaker demand for C&I (commercial and industrial) loans and CRE (Commercial real estate) loans
- US banks are reporting tighter lending standards to households and weaker demand for residential real estate loans
- US banks expect lending standards to be unchanged in 2024 for all C&I. Residential real estate loans, to tighten for CRE, credit card and auto loans.
This article was written by Greg Michalowski at www.forexlive.com.
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