Feb 6, 2024 - Economy
Fed survey shows signs of credit easing
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The Fed's closely watched survey of senior bank lending officers, out Monday, suggests an improvement in access to credit for businesses.
Why it matters: Credit is the lifeblood of the U.S. economy, and it got much harder to come by after the Fed launched its rate-hiking campaign in 2022.
- Zoom in: While more respondents to the survey indicated they were tightening credit than easing it, the size of that majority is shrinking — suggesting some bankers are less inclined to cut back on credit than they were before.
