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U.S. Banks Report Strong Loan Growth
Loan growth in the U.S. banking sector picked up substantially in the fourth quarter of 2021, setting up what executives say is a promising outlook for further increases in 2022. Total loans and leases at U.S. banks were $11.2 trillion at December 31, 2021, representing a 3.0% quarter-over-quarter increase according to S&P Global Market Intelligence data. That equates to an annualized growth rate of approximately 12.4%, significantly higher than the 3.5% median quarterly annualized growth rate since the end of the Great Recession.
by Laura Fox FEATURED MARKET DATA
War, Inflation and the Fed
Consumer Price Inflation reached a 40-year high in January of 7.5%. Inflationary pressures increased in February as commodity prices such as oil, wheat, corn and metals rose on rising geopolitical risks, including the Russian invasion of Ukraine.
by Laura Fox View Full List of 2022 Articles
by Laura Fox 