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Lending at U.S. Banks Drops to New Low as Cash Hoards Rise - Bloomberg

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A key measure of lending continued to decline at the biggest U.S. banks, according to the latest Federal Reserve data. 

Loans as a percentage of total assets fell to 47.05% in the week ended Sept. 29 from 47.11% the prior period, the Fed data show. Banks’ cash piles rose. 

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October 11, 2021 at 08:00PM
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Lending at U.S. Banks Drops to New Low as Cash Hoards Rise - Bloomberg
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