Bank deposits, lending rise in latest week: Fed

Bank deposits, lending rise in latest week: Fed


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Published Aug 11, 2023 04:49PM ET

Bank deposits, lending rise in latest week: Fed
© Reuters

Invesitng.com — Bank deposits, and lending rose in the week ended Aug. 2, the latest data Friday from the Fed showed.

Deposits at large U.S. banks rose by $17.60 billion to $17.36 trillion from a week earlier, on a seasonally adjusted basis.

Commercial bank lending climbed by $9.3B to a seasonally adjusted $12.132T during the week, the Fed data showed.

Residential real estate lending rose $16.4B, commercial real estate loans increased by $9.6B from a the week earlier, while consumer loans were down $1.5B from the prior week. 

Bank deposits, lending rise in latest week: Fed

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