IYF - Banks Report Loan Demand Is Weakening
The latest data point that confirms the deceleration in global and domestic economic activity comes in the form of the Senior Loan Officer Opinion Survey by the Federal Reserve. In this report, responses from 73 domestic banks and 22 U.S. branches of foreign banks were collected from December 21, 2018 - January 7, 2019, judging the conditions of lending standards (tightening standards or loosening standards) and the demand for loans across several categories such as real estate, auto loans, C&I loans and more.
This report, while a survey, provides