IAT - Bank Credit Standards Eased - But Be Ready For The Next Tightening
A Wells Fargo bank vault (AP Photo/Jeff Chiu) Associated Press
Banks eased credit standards for business loans this quarter, reversing the tightening of late 2018. That sharp increase in banks tightening credit standards was coincident with the general doom and gloom which accompanied the federal government shutdown, stock market decline, and bad news about foreign economies. Now the shutdown is over, stock prices are up, and economic growth has leveled off in both Europe and China.
Banks tightening or easing credit standards. Dr. Bill Conerly based on data from the Federal Reserve System
Business borrowers