Banks in U.S. Eased Commercial Loan Policies, Fed Says
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Banks in the U.S. eased policies for loans to businesses including real estate companies during the first quarter amid stronger demand for credit, according to a Federal Reserve survey.
For households, banks reported easier standards on consumer credit card and auto loans, the Fed said today in Washington in its quarterly survey of senior loan officers. The central bank surveyed 74 domestic banks and 23 U.S. units of foreign banks from April 1-15.