Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

US Bank Lending Falls at Fastest Rate In History

Print comment Post Comments
LOWER DEMAND, LOWER SUPPLY
"Bank lending in the US has contracted so far this year at the fastest rate in recorded history, raising concerns that the Federal Reserve may have jumped the gun by withdrawing emergency stimulus," according to the Telegraph. "The M3 broad money supply – watched by monetarists as a leading indicator of trouble a year ahead – has been contracting at a rate of 5.6pc over the last three months. This signals future deflation."
SOURCE:   Telegeraph

TICKERS