Banks eased loan standards for U.S. households in fourth quarter: Fed survey

February 1, 2016 7:10 PM

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Banks eased loan standards for U.S. households in fourth quarter: Fed survey

WASHINGTON Banks lowered lending standards for U.S. households in the fourth quarter but tightened them for commercial and industrial loans, according to a survey of loan officers released on Monday by the Federal Reserve.

The U.S. central bank said banks moderately eased standards for mortgages and auto loans while leaving them unchanged for credit cards.

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