Credit to the U.S. banking sector saw its largest two-week decline, which to some extent contributes to interest rate hikes and tightening, but it also poses the risk of leading to recession.

On Friday, the Federal Reserve's weekly disclosure of commercial bank balance sheet H.8 showed that U.S. bank credit contracted by the largest amount on record in the last two weeks of March, indicating that credit conditions are tightening after the banking crisis. tight.

Overall, U.S. commercial bank lending fell by nearly $105 billion over the past two weeks, the Fed's largest decline since 1973. Commercial bank deposits fell by $64.7 billion in the latest week, marking the 10th consecutive week of decreases.

#美联储 #加息 #BTC #ETH #crypto2023

Pay attention to avoid getting lost, free guidance from the community