🚨ATTENTION🚨
⚠️This is ANOTHER REASON why the FED has to CUT the interest rate if it wants to AVOID a RECESSION
🤯U.S. BANKS are TIGHTENING CREDIT CONDITIONS
What do I mean by this and why does it NEGATIVELY affect the ECONOMY⁉️ Let's see what happened in Q1:
🔻19% of banks tightened lending standards for large and medium-sized businesses in the first quarter of 2025
🔻It's the highest proportion since the third quarter of 2023.
🔻16% of banks tightened lending standards for small businesses
🔻It's the highest proportion since the first quarter of 2024.
🔻Additionally, the number of banks reporting WEAKER DEMAND for loans to large businesses outnumbered those reporting STRONGER DEMAND by the widest margin since the third quarter of 2024
