The Federal Reserve sees a growing demand for loans
The Federal Reserve published its August Beige Book on Wednesday. So, Charles Calomiris, professor emeritus at Columbia Business School, doesn't read too much into the rising loan demand. "One of the largest upticks that we've seen in this last quarter has been in the really small community banks, which tends to be small businesses going for the loans," said David…
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BlackRock strategists detect anomalies in the markets and warn: "This is not just another cycle, but an economic transformation with an unknown end".
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