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Bank deposits, lending higher for second straight week: Fed

Deposits at large U.S. banks rose $86.5 billion to $17.238 trillion from a week earlier, on a seasonally adjusted basis.

Commercial bank lending increased $1.20B to a seasonally adjusted $12.133 trillion during the week. On an unadjusted basis, loans and leases fell by about $1.00B.

Residential lending increased $3.7B, commercial real estate loans climbed $2.8B, while consumer loans were down $1.2B from the prior week.

Commercial and industrial loans were down about $4.4B from a week ago on a seasonally adjusted basis. 


Source: Economy - investing.com

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