The Fed's latest Senior Loan Officer Survey (SLOS) shows that banks are more willing to lend, but the problem is that, with global economic growth slowing and the fiscal cliff looming, US households and businesses are increasingly reluctant to borrow.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services