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Bank deposits, lending climb for second-straight week: Fed

Deposits at large U.S. banks rose $47.0 billion to $17.344 trillion from a week earlier, on a seasonally adjusted basis.

Commercial bank lending increased $9.7 billion to a seasonally adjusted $12.123 trillion during the week.

Residential lending increased $3.3 billion, commercial real estate loans climbed $1.2 billion, while consumer loans were up $1.1 billion from the prior week. Commercial and industrial loans were down $2.9 bilion from a week ago on a seasonally adjusted basis.


Source: Economy - investing.com

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