Exact(28)
Higher asset prices, lower inventories, fewer writedowns all lead to higher lending capacity, higher cyclical output, more employment opportunities and greater business and consumer confidence.
A few weeks ago, Congress extended the higher lending limits for another year.
Both effects work against higher lending rates for the private sector.
When interest rates finally move higher, lending them out should increase margins.
Higher lending to people is not.Some of the drop is caused by a reduction in demand.
In a weak economy, moreover, banks have little ability to pass on their costs via higher lending rates.
Similar(32)
First, farmers cannot secure loans from the bank, forcing them to rely on loan sharks with high lending prices.
But Wells, unlike many banks, maintained relatively high lending standards, so it has not been crippled by the bust like many of its big competitors.
It also obtained $30 million in bridge financing from Severstal, at 15percentt interest, which finance experts deemed an unusually high lending rate, even for a bankrupt company.
We also saw the Feds Senior Loan Officer Survey show a slight drop from the historical high lending standards for both consumer and mortgage loans.
It eventually dawned on the bank that huge increases in lending did not necessarily translate into poverty reduction, even if the high lending figures made the bank look impressive.
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