Daily BriefsMacro

Daily Brief Macro: Fed SLOOS on Bank Lending Projects a Less Negative Outlook and more

In today’s briefing:

  • Fed SLOOS on Bank Lending Projects a Less Negative Outlook


Fed SLOOS on Bank Lending Projects a Less Negative Outlook

By Alex Ng

  • The Fed’s Q3 Senior Loan Officer Opinion Survey of bank lending practices has a less negative tone in terms of both supply and demand, suggesting limited downside risk to investment. 
  • The YTD showed a less negative tone in Q1 relative to 2023, and while Q2’s findings were similar to those of Q1.Q3 data is clearly less negative than Q2’s.
  • The net percentages tightening standards on C+I loans of 7.9% for medium and large businesses and 8.2% for small, compares with 15.6% and 19.7% in Q2 respectively.

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