Growth in Business Lending Stalls as Banks Tighten Purse Strings

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

US banks are doling out fewer loans to businesses as lending standards tighten and demand weakens after 11 interest-rate hikes by the Federal Reserve, suggesting that economic growth could slow as credit contracts.

BlackRock Filing Spurs Ether Rally as ETF Bets Fire Up CryptoSiemens Energy Talks on Loan Guarantees Are Still OngoingWall Street Warns of Risks in Push to Rein In Home-Loan BanksTopgolf Callaway Sinks After Weak Sales Prompt Analyst Rating CutsCPP Investments earned 0.

5 Billion CMBS ExposedChina Slips Back Into Deflation as Recovery Remains FragileBlackRock Filing Spurs Ether Rally as ETF Bets Fire Up CryptoSiemens Energy Talks on Loan Guarantees Are Still OngoingAdnoc Makes New Offer to Buy Controlling Stake in BraskemBiden Supports UAW Organizing Tesla, Toyota WorkersIsrael Latest: US Carries Out Strike on Weapons Depot in SyriaBiomass Leader Enviva Plunges Amid Debt Chaos, Replaces CEORussia-Linked Hackers Claim Credit for OpenAI Outage This WeekKoch...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines