"Who Hit The Brakes?" - Bank Loan Creation Suddenly Tumbles To Five Year Low
March 12, 2017 at 13:53 PM EDT
Total loans and leases by U.S. commercial banks are currently rising at an annual pace of about 4.6%, based on weekly Fed data. That is down from a 6.4% pace for all of last year and peak rates of around 8% in mid-2016.