Starting around this past December, growth in commercial bank credit (loans and securities) slowed precipitously. Annualized 13-week growth in bank credit of late is the slowest since the summer of 2013. This weakening in bank credit…
Starting around this past December, growth in commercial bank credit (loans and securities) slowed precipitously. Annualized 13-week growth in bank credit of late is the slowest since the summer of 2013. This weakening in bank credit…