Banks pull back on lending | Bedford Hills Real Estate

Banks and lenders are easing back on lending, putting more drag on the economy, according to The Wall Street Journal.

The decline in lending follows lenders uncertainty about rising health-care costs, fear of another economic downturn and a brutal winter in the Midwest that delayed new investment, the article says.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.